Over the last five years, the banking industry has seen significant changes, including the use of technology, client behavior and economic downturns. "The pandemic played the biggest role [in changing the industry], but some of the changes were already beginning to transpire," said David Navarro, Nevada regional president, Enterprise Bank & Trust. Flexible work … [Read more...] about Banking on Nevada
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Industry FocusMining
More often than not, the mining industry conjures images of dusty coal miners with pickaxes and mules leaving scared landscaping in their wake. However, modern day mining has become extremely sophisticated. And mining in Nevada is not only environmentally conscience but has become the gold standard for safe and effective mining. Recently, a group of mining experts met at a … [Read more...] about Industry Focus
Industry FocusHealthcare
The healthcare industry in Nevada has never been more relied on than it has in recent years. However, despite COVID being in the rearview mirror, the industry is still facing giant problems. From battling a significant shortage of medical professionals, rising costs and burnout to the point that practitioners are leaving the field altogether, the industry has … [Read more...] about Industry Focus
Industry FocusAttorneys
The legal industry, like law itself, faces complex challenges. From advanced technology affecting legal issues and the way attorneys conduct business to a complete culture shift in the industry itself, the legal industry is navigating difficult waters. Recently, a group of attorneys met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss … [Read more...] about Industry Focus
Industry FocusCPAs
The accounting industry is rapidly changing. While staying on top of new tax laws is already a feat, the introduction of new technology with AI is challenging the industry like never before. These issues, paired with difficulties communicating with the IRS and a downward trend in finding talent, has accountants pushing forward and hoping for the best. Recently, a group of … [Read more...] about Industry Focus
Industry FocusEducation
It's an unfortunate reality that, when it comes to education, Nevada has earned failing grades for years. Although the Silver State has seen some improvements, it is still far behind the national average. Recently, Nevada educators met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the many challenges they are up against and the … [Read more...] about Industry Focus
Industry FocusEconomic Development
Relatively speaking, Nevada’s economy is in its infancy. And despite success in gaming, tourism and entertainment, the Silver State’s economic development faces numerous challenges. Recently, economic specialists met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the current and future economy of Nevada including its lack of funding, a missing … [Read more...] about Industry Focus
Industry FocusArts & Culture
The arts and culture industry in Nevada is a growing one. And while the Silver State boasts many individual talented artists, the art community is establishing itself in ways never seen before in the state. However, art in Nevada is not without its challenges. When compared to more established states, the arts industry is fairly young in Nevada. The industry also is challenged … [Read more...] about Industry Focus
Industry FocusBankers
From the recent COVID pandemic that resulted in a changed workforce, to rising interest rates and an overall lack of trust in the industry, bankers have had a front row seat to a dynamic market. These challenges have resulted in bankers becoming more focused and client centered. Recently, bankers met at a roundtable sponsored by City National Bank and held in Las Vegas to … [Read more...] about Industry Focus
Industry FocusEngineers
Foremost on the mind of engineers in Nevada is the industry's workforce. Exacerbated by supply chain issues and an overall challenging field, Nevada engineers are concerned with retaining their team while continuing to grow. Recently, executives representing the engineering industry met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the … [Read more...] about Industry Focus
Industry FocusBrokers
Commercial real estate (CRE) has seen many interesting shifts in recent years. From reduced office usage to rising industrial rates, brokers have had to become quick to adapt to changing market conditions. Recently, brokerage executives met to discuss their industry and the outlook for CRE in Nevada. Shannon Scholten-Adams, vice president of Nevada Business Magazine, served … [Read more...] about Industry Focus
Industry FocusTechnology/Communications
The recent pandemic has had a significant impact on nearly every sector of business. And as many businesses transitioned to remote work during the height of quarantine, the technology and communications industry took center stage. From helping clients maintain their business operations remotely, to navigating their own difficulties of remote work and hiring and … [Read more...] about Industry Focus
Industry FocusBuilders & Developers
Commercial real estate in Nevada has seen its share of challenges and continues to face an uncertain market. Facing common issues of labor shortages and supply chain constraints, builders and developers are navigating a shifting market, concerns over capital and struggling to meet deadlines due to red tape. Commercial real estate executives recently met at a roundtable … [Read more...] about Industry Focus
Banking on NevadaHealthy Growth Post-Pandemic
"Overall, '22 was a strong year for earnings for the banking industry," said Terry Shirey, president and CEO of Nevada State Bank. "A lot of loan growth occurred, historic loan growth. We had very low interest rates when we started the year, very strong economic conditions and that really played out on bank balance sheets where we were able to do a lot of high-quality new loan … [Read more...] about Banking on Nevada
Industry FocusTransportation
The transportation industry has experienced significant challenges in recent years. From a global pandemic that is still affecting the supply chain, to a declining workforce and issues in funding, the industry has seen its fair share of obstacles. And with changes in technology painting a future of autonomous cars and electronic vehicles, those challenges are not expected to go … [Read more...] about Industry Focus