Bram Goldsmith

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Bram Goldsmith
University of Illinois
Occupation(s)Real estate developer, banker, philanthropist
EmployerCity National Bank
SpouseElaine Maltz
ChildrenRussell Goldsmith
Parent(s)Max Goldsmith
Bertha
RelativesBenjamin N. Maltz (father-in-law)

Bram Goldsmith (February 22, 1923 – February 28, 2016) was an American real estate developer, banker and philanthropist. He served as the chief executive officer of City National Bank from 1975 to 1995, and as its chairman from 1975 to 2013. He became known as the "banker to the stars".[1] He was a major philanthropist in Beverly Hills, California.

Early life

Bram Goldsmith was born in 1923 in Chicago, Illinois,[2] where he grew up.[1][3] His father was Max Goldsmith and his mother, Bertha.[1]

Goldsmith graduated from the

Burma.[4][5]

Career

Goldsmith served as president and chief executive officer of the Buckeye Realty and Management Corporation and the Buckeye Construction Company for twenty-five years.[4][5][3][6] It was the largest privately owned real estate development company in California at the time.[4][5] It built over thirty office towers in Beverly Hills, California.[3][6] The loans for their construction were secured through the City National Bank.[6]

Goldsmith was elected to the board of directors of City National Bank in 1964, when

Chase Manhattan combined.[3][9]

Goldsmith served on the board of directors of the Los Angeles Branch of the Federal Reserve Bank of San Francisco from 1981 to 1987.[4][5] He also served on the board of directors of Wynn Resorts.[5]

Philanthropy

Goldsmith chaired the Los Angeles United Jewish Fund Campaign of 1965.

National Conference of Christians and Jews.[4]

Goldsmith served as president of the

United Way and a member of its Central Board.[4] Additionally, he served as the Founding Chairman of the Wallis Annenberg Center for the Performing Arts in Beverly Hills, California, until February 2013. Therein the 500-seat Goldsmith Theater is named in his honor.[4]

Personal life

Goldsmith was married to Elaine Maltz, a sculptor and the daughter of Benjamin N. Maltz, the President of City National Bank.[9] They resided above Sunset Boulevard in Beverly Hills, California and had a secondary residence in Newport Beach, California.[9] Their youngest son, Russell Goldsmith, serves as chairman and chief executive officer of City National Bank.[3][6] Their other son Bruce Goldsmith is a published novelist, playwright and screenwriter.

Death and legacy

Goldsmith died on February 28, 2016, at the age of 93.[1] The city of Beverly Hills named Bram Goldsmith Way in his honor on November 7, 2018.[11]

References

  1. ^ a b c d Lopez, Matt (February 29, 2016). "Bram Goldsmith, Chairman Emeritus Of City National Bank, Dead At 93". The Beverly Hills Courier. Archived from the original on March 1, 2016. Retrieved February 29, 2016.
  2. ^ American Banker Directory of U.S. Banking Executives. 1980. p. 204.
  3. ^ a b c d e f g E. Scott Reckard, Banker to the stars, Los Angeles Times, August 05, 2012
  4. ^ a b c d e f g h i j k l m n o p q r City National Bank: Company Overview Archived January 4, 2014, at the Wayback Machine
  5. ^ a b c d e f g h i j k l Bloomberg BusinessWeek[dead link]
  6. ^ a b c d e f g E. Scott Reckard, City National's longtime chairman, Bram Goldsmith, steps down, Los Angeles Times, September 30, 2013
  7. ^ Forbes
  8. ^ a b c d e f Banker Bram Goldsmith handles Hollywood's elite, Los Angeles Daily News, December 29, 1985
  9. ^ a b c d e f g h i John M. Broder, Bram Goldsmith: Maverick Banker to Stars : City National Chief Is a Top Deal-Maker and Industry's Best Paid, Los Angeles Times, July 21, 1985
  10. Beverly Hills Courier
    , October 3, 2013
  11. ^ Talbot, Victoria (November 8, 2018). "City Of Beverly Hills Dedicates Bram Goldsmith Way". The Beverly Hills Courier. Retrieved November 9, 2018.