Las Vegas Named No. 1 Trade Show Destination
According to a list from Trade Show News Network, Las Vegas has been ranked as the number one trade show destination for the seventeenth consecutive year. Last year, Las Vegas was host to 60 of the 250 largest shows in North America, encompassing 20.7 million square feet or 32 percent of the total space used for all 250 shows.
City National Bank Acquires Deposits & Assets of Nevada Commerce Bank
In a purchase and assumption agreement with the Federal Deposit Insurance Corporation (FDIC), City National Bank has acquired all of the assets and deposits of Nevada Commerce Bank. City National will operate Nevada Commerce Bank’s two Las Vegas banking offices. Nevada Commerce Bank had approximately $145 million in assets and $136 million in deposits as of the end of 2010. Approximately $111 million in assets will be subject to a loss-sharing agreement with the FDIC.
The Clean Energy Center Offers Renewable Energy Incentives
The Clean Energy Center in Reno has made a commitment to encourage businesses to go green by offering a $500 incentive to anyone that helps in the purchase of new energy systems through their company. The offer is intended to get the public involved in renewable energy.
Nevada State Bank Launches Private Banking in Northern Nevada
The Private Bank by Nevada State Bank has expanded to Northern Nevada. The bank is designed to meet the unique financial needs of high net worth individuals. Paula Cobb has been named vice president and senior private bank officer to lead the new division.
UNR Invents Device to Track Air Quality
The University of Nevada, Reno (UNR) has invented an air-quality measuring instrument that is more economical, portable and accurate than older technologies. The device has been licensed for commercial development by Droplet Measurement Technologies of Boulder, CO and was invented by Pat Arnott and Ian Arnold at the university.
