The banking industry is navigating headwinds on multiple fronts as institutions strive to preserve a culture of highly personalized and long-term strategic relationships with clients. From shifting election dynamics to overseas conflicts, Nevada's financial leaders are tasked with guiding clients through uncertain times while tackling the rise of sophisticated AI-driven fraud, … [Read more...] about Industry Focus
City National Bank
Power Poll 2026An Inside Scoop on Nevada’s Industries, Economy and Leadership
In February, Nevada Business Magazine sent the 24th Power Poll to decision makers – executives and business owners – across the state of Nevada. Every January the Nevada Business Magazine cover story explores the possibilities of the upcoming economic year and business landscape in Nevada. The article takes a wide look at economic indicators, talking to economists, experts, … [Read more...] about Power Poll 2026
Banking On Nevada
To succeed in 2026, Nevada bankers will have to be expert multi-taskers. They must deal with the burden of government regulations while battling increasingly sophisticated fraud schemes. Predicting interest rates is a constant challenge. In addition, bankers must balance risk and reward with their lending policies and adapt to changes in what customers expect from … [Read more...] about Banking On Nevada
Industry FocusBankers
There is a lot happening on the global stage that impacts the banking industry. From tariffs to rising costs, the world and local economy is changing, and many businesses are not sure if it is prudent to move forward or to wait and see what happens. In addition to an unsure economic forecast, bankers are grappling with a talent shortage as baby boomers are expected … [Read more...] about Industry Focus
Industry FocusWorkforce
The workforce landscape in Nevada is changing. And while much of it is for the better, Nevada businesses are still grappling with a disconnect between their needs and the availability and skill level of applicants. Leadership in Nevada takes a collaborative approach and have resources to help recruit, train and retain the right people. Recently, a group of workforce … [Read more...] about Industry Focus
Industry FocusCPAs
The job of a certified public accountant, or CPA, has both rewards and pitfalls. In addition to the challenge of crunching numbers, it's critical that CPA professionals stay current with ever changing, and complex tax laws. The industry is also facing a technology frontier with the introduction of artificial intelligence which raises questions about what role it will play in … [Read more...] about Industry Focus
Industry FocusEducation
Nevada has never excelled in education. Ranked consistently in the bottom five states for educational achievement, Nevada’s leaders in education are tackling the issues and looking to change education's trajectory. Challenges of undervaluing education, chronic absenteeism amongst students, advancements in technology, overpopulated classrooms and a teacher shortage … [Read more...] about Industry Focus
Industry FocusState Leadership
It is a tense time in government. And while all eyes are on the upcoming November elections, state leaders in Nevada focus on the day-to-day grind of what impacts its citizens most. That includes concerns of recruiting and retaining talent, navigating antiquated systems, and trying to predict future funding with a legislature that meets every other year. Not to mention the … [Read more...] about Industry Focus
Industry FocusBankers
Keeping buried cash in the yard for a rainy day is a thing of the past. Today, consumers rely on banks to safely store their earnings. But what happens when banks fail? Although it seems impossible, it was not too long ago that news of the Silicone Valley Bank collapse had people panicking and wondering if grandpa had it right with cash hidden under the tomato plants. That, … [Read more...] about Industry Focus
Industry FocusSports
Once known only for its bright lights, quickie marriages and even quicker divorces, Nevada has evolved to a professional sport mecca. The sport’s market, particularly in southern Nevada now boasts three major league professional sports teams with rumors of an NBA team on the horizon. However, adding a robust sports industry to Nevada’s resume has not been without its … [Read more...] about Industry Focus
Industry FocusStaffing
Every employer can relate to the challenge of finding employees, let alone good employees. According to experts, many people do not want to work and those that do sometimes bring with them unrealistic expectations. In a hunt for quality people, business owners turn to employment services to help them find the needle in a haystack. Recently, a group of staffing and human … [Read more...] about Industry Focus
Money 2024An Update on Financing in Nevada
The ability to get financing when needed is critical to most businesses. "The important thing to know is how vibrant Nevada is right now," said Bruce Ford, senior vice president, City National Bank. "Nevada is economically vibrant and we anticipate it will only grow more vibrant. This is a great time to be a business owner in Nevada." Approaching mid-year 2024, there's money … [Read more...] about Money 2024
Industry FocusArchitects
The architecture industry in Nevada is as old as Nevada itself. And architects have always maintained a level of public respect for their contributions. However, in recent years their reputation has waned, and the industry is struggling to produce the next generation of architects in Nevada. Plagued by limited natural resources, bureaucratic red tape and limited education … [Read more...] about Industry Focus
Industry FocusBrokers
There are plenty of unknowns when it comes to the future of commercial real estate in Nevada. From fluctuating interest rates, to ever changing markets, brokers are focused on staying on top of the shifting sand. Recently, a group of brokers met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the status of commercial real estate in Nevada and … [Read more...] about Industry Focus
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