City bank may forgo profit also, ultimately (5)

I believe the answer is:

kyoto

'city' is the definition.
(Kyoto is an example)

'bank may forgo profit also ultimately' is the wordplay.
'ultimately' suggests the final letters.
The last letters of 'bank may forgo profit also' are 'KYOTO'.

(Other definitions for kyoto that I've seen before include "Tokyo (anag) - former capital of Japan" , "City of agreement on global warming" , "Japanese capital before 1868" , "Japan's old capital" , "nearby city" .)

I've seen this clue in The Times.

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