As the economy continues to improve in the Silver State, the banking industry is seeing an uptick in growth. However, there are still challenges for an industry with substantial regulations and bankers are working to navigate those challenges. Banking executives recently met in the Las Vegas offices of City National Bank to discuss the health of the industry and what Nevadans … [Read more...] about Industry Focus: Bankers
Kirk Clausen
Industry Focus: Bankers
As the Silver State continues to bounce back from the recent recession, Nevada banking continues to experience ups and downs throughout the recovery. Potential rising interest rates, regulatory changes and staffing issues remain a challenge to the industry. However, loan demand is up and bankers have expressed an optimism going forward. Banking executives recently met at the … [Read more...] about Industry Focus: Bankers
Banking On Nevada: An Industry Still in Recovery
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...] about Banking On Nevada: An Industry Still in Recovery
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...] about Banking In Nevada: Beginning to Flourish
Wealth of Knowledge: Banking on Nevada
From federal budget challenges and Dodd-Frank to the housing market, borrowers’ shaky confidence and the state of the national economy, Nevada’s banking industry has its work cut out for it in 2013. While top executives remain cautiously optimistic, they are under no illusions about the challenges facing growth over the next 12 months. “I think we’re on the road to … [Read more...] about Wealth of Knowledge: Banking on Nevada
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...] about Industry Focus: Bankers