Despite rumors of a looming recession, construction zones seem to be on every corner throughout Nevada. And while this surely signifies growth for the Silver State, builders and developers are facing serious challenges. They grapple with a scarcity in workforce, strict regulations and challenges in financing. And yet, despite these challenges, the experts are … [Read more...] about Industry Focus
Bruce Ford
Banking on NevadaThe Changing Landscape of Nevada’s Banking Industry
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
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 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
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 FocusNonprofits
The business aspect of the nonprofit industry is one that is often overlooked. Sometimes thought of as only a community of “do gooders”, it’s easy to forget that, behind the heart, there is a backbone of business professionals who grapple with the same struggles as other businesses. Recently, nonprofit executives met to discuss the challenges their industry faces and solutions … [Read more...] about Industry Focus
Industry FocusBankers
From the early, uncertain times of the pandemic to the hectic days of the Payroll Protection Program (PPP), Nevada bankers have seen massive shifts in the market and in their industry over the past few years. These shifts have made bankers agile and adaptable to their client’s needs. Recently, bankers met in a roundtable sponsored by City National Bank to discuss their industry … [Read more...] about Industry Focus
Industry FocusProperty Management
Many industries are facing significant changes due to the shifts in how professionals work after COVID. On the forefront of many of those changes is property management as they are responsible for maintaining the workplaces of Nevadans. Recently, leaders in property management met in a virtual roundtable, sponsored by City National Bank, to discuss the challenges their industry … [Read more...] about Industry Focus
Industry FocusBuilders & Developers
As most industries recover from the impacts of the COVID pandemic, builders and developers are still facing challenges with the supply chain, workforce issues and market uncertainty. In spite of those challenges, industry leaders are forging ahead in shaping Nevada’s skylines. Recently, builders and developers met in a virtual roundtable, sponsored by City National Bank, to … [Read more...] about Industry Focus
Setting RecordsNevada’s Healthy Banking Industry Amidst the Pandemic
Global events like COVID send ripples through the economy which can cause uncertainty on the part of consumers and businesses. With the pandemic creating havoc for normal business operations and occurring just over a decade since the official end of the Great Recession, some economic uncertainty is to be expected. “I started with the bank 20 years ago and I came into the … [Read more...] about Setting Records