Nevada’s banking industry, which was hit hard during the recession, continues to see challenges today. Some bankers believe post-financial crisis regulations, rising interest rates and the popularity of mobile banking and other technology will continue to change their industry. Others believe China’s economic slowdown, Saudi Arabia’s worsening relations with Iran and an … [Read more...]
Industry Focus: Accountants
Certified public accountants (CPAs) in Nevada are experiencing an interesting shift in their industry as tax laws change and experienced professionals work to train a new generation. Recently, executives in the CPA industry met at the Las Vegas offices of City National Bank to discuss both the challenges and opportunities facing the industry. Tarah Richardson, … [Read more...]
Industry Focus: Bankers
As the state bounces back from the recession, Nevada bankers agree that the outlook for their industry has improved in recent years. However, healthier industries have their own challenges such as new regulations and ambitious competition. Recently, decision-makers in the banking industry met at the Las Vegas offices of City National Bank to discuss these challenges to their … [Read more...]
Banking In Nevada: Beginning to Flourish
This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]
Industry Focus: Education
Faced with a wealth of challenges, Nevada’s education system has some hurdles to overcome. However, industry leaders recognize the challenges they face and are working to improve the state’s rankings. Recently, those leaders met at the Las Vegas offices of City National Bank to discuss the needs of education. Connie Brennan, publisher of Nevada Business … [Read more...]
Industry Focus: Bankers
Enduring a slow economic recovery, the banking industry stays focused on getting businesses back on their feet in the midst of increasing regulations and legislative uncertainty. Nevada banking executives recently met at the Las Vegas offices of City National Bank to discuss the challenges in their industry. Connie Brennan, publisher of Nevada Business Magazine, served as … [Read more...]
Best Companies to Work For: Taking Care of People
In the midst of the recession, some employees might have argued that a “Best Company to Work For” is whichever company gives them a job. While times have been tough for many Nevada businesses, as the state comes out of this recession, it is clear there are a number of companies who continue to go above and beyond for their employees. These businesses make it a priority to take … [Read more...]
Industry Focus: Investment Firms
The actions of some have caused investment firms as a whole to be painted with the same brush. For the past few years, Nevada investment firms have struggled to assure the community of their ethical practices while managing client expectations and working in a down economy. Recently, executives representing investment firms across the state met at the Las Vegas offices of City … [Read more...]
Banking on Nevada: A New Day Dawning
Banking doesn’t exist in a vacuum; the industry is affected by the economic environment which, in turn, can be directly affected by practices and realities within the banking industry. So it should be good news that Nevada bankers are feeling optimistic about 2014. The banking industry has stabilized, according to George E. Burns, commissioner, Nevada Financial Institutions … [Read more...]
Industry Focus: Bankers
The past several years have brought many changes to the banking industry including new security threats, a distressed market and changing customer expectations. Nevertheless, the industry works to push through these issues and carry on into the future. Recently, executives representing banking met at the Las Vegas offices of City National Bank to discuss what the future of … [Read more...]
Industry Focus: Telecommunications
With the threat of cyber attacks at an all time high and transition to Cloud storage becoming more common, the telecommunications industry is evolving at a rapid pace. Recently, telecommunications executives representing companies throughout the industry met at the office of City National Bank to discuss the need to stay current amidst technology overload. Connie Brennan, … [Read more...]
Industry Focus: Economic Development
Economic Development has been a buzz-word in Nevada for the past several years. Since the recession hit, moving-in and retaining companies has become imperative to the health of Nevada. Recently, executives representing various economic development agencies throughout the state met to discuss these issues. Connie Brennan, publisher of Nevada Business Magazine, served as … [Read more...]
Industry Focus: Bankers
The banking industry plays a vital role in the success or failure of companies and individuals that rely on banks for their financial needs. Over the last few years, the industry has experienced a myriad of challenges including government regulations, foreclosures, finding qualified borrowers, low interest rates and image issues. Connie Brennan, publisher of Nevada Business … [Read more...]
