The banking industry must constantly adapt to changes: in the economy, in the interest rate environment, in regulations, in online security and in political leadership. For many bankers, it’s a never-ending balancing act, and the coming months will again challenge their adaptability and resilience. Bankers constantly adjust their business model to account for interest … [Read more...] about Banking on Change
Tom Traficanti
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
Keep WatchFinancing in Nevada
Financing in Nevada is on the move and, even experts agree, where it’s headed is anybody’s guess. With the Fed recently increasing interest rates and a noticeable spike in inflation, financial experts and Nevadans alike are paying close attention. “Depending on what the two variables do – inflation and interest rates – it will have some impact on every industry. [That … [Read more...] about Keep Watch
It’s an Investment: Commercial Financing in Nevada
The construction industry continues to be the barometer for the severity of Nevada’s economic plight, but commercial real estate in particular is making enough improvement to spark interest from investors and private parties looking to benefit from the historically low interest rates. This means banks and other real estate lenders are revving up business again. Economic … [Read more...] about It’s an Investment: Commercial Financing in Nevada