The Las Vegas Business Press’ Rising Stars of Business Class of 2014 is a tenacious group. Many started on the ground level, climbing the ranks quickly. And as our honorees approach the pinnacle of their careers, they don’t hesitate to help others achieve their goals. Philanthropy and education are common extracurriculars for these professionals.
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A less-than-perfect credit score is no longer an obstacle to buying a single-family home or townhouse in Southern Nevada.
Table game provider Galaxy Gaming said it settled its legal issues with Bank of America over a disputed business loan.
For marijuana dispensaries lining up to do business in Southern Nevada, paying your employees in cash is difficult and comes with lots of complications. But, financial institutions will not do business with marijuana firms, even in states where it has been approved.
While tax-exempt, high-yield municipal bonds were all the rage after 2008’s economic collapse, they have since lost some of their appeal for investors. Some bond indexes reported their worst performances since 1994.
Credit union loan growth in Nevada is in positive territory for the first time since 2007, posting a 0.6 percent increase, according to a report released Friday.
Federal regulators have terminated a consent order issued in January 2011 for Bank of George. At the time, the Las Vegas-based bank was dealing with loan losses resulting from commercial real estate loans that soured during the recession.
While there are risks to the economy locally and nationally, the fundamentals behind the recovery are good and have improved tremendously over the last few years, according to an economist with Beacon Economics.
Nevada’s locally chartered banks had the highest loan growth rate in the eight-state Rocky Mountain region in 2013, a report by the Hovde Group, a consulting firm, shows.
Zappos’ former Henderson headquarters welcomed Nevada’s governor, local economic officials and politicians as it rolled out the red carpet Thursday for a British banking company that expects to hire hundreds of employees this year.