There is good news for the Las Vegas economy, as the region is finally showing some moderate signs of life with balance sheets stabilizing and consumer confidence on the rise.
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TMC Financing, a San Francisco-based certified development company, took a calculated risk six years ago and moved beyond its nine-county Bay Area region to set up shop in Las Vegas.
The Consumer Financial Protection Bureau will accept complaints from consumers about payday loan products.
The Small Business Administration’s stable of lending products has played a crucial role in giving local and regional community bankers opportunities to fund real estate deals or the expansion of local businesses during the economic recovery.
Some of the largest U.S. banks are lobbying against a proposed rule to increase the capital they hold against potential losses that would put them at a disadvantage against non-U.S. banks facing easier requirements.
One Nevada Credit Union on Wednesday posted net income for the first nine months of the year that topped $5 million as the Las Vegas-based credit union continues to set aside less for potential loan losses.
More companies in Las Vegas — including Starbucks, Wendy’s, Chipotle, Darden restaurants and MGM Resorts International — are offering their employees the option of being paid with payroll debit cards that are automatically loaded with money each pay period.
President Barack Obama’s nomination of Janet Yellen to head the Federal Reserve appears headed toward a relatively easy confirmation, said a veteran bank executive who worked with the former business professor for almost four years.
Meadows Bank on Thursday posted third-quarter net income of $1.06 million, compared with $1.1 million in the same period last year.
Plaza Bank on Thursday reported third-quarter earnings that jumped 62 percent year-over-year.