Zions Bancorp, the parent company of Nevada State Bank, reported that its first quarter earnings fell about 8.6 percent in 2014, as the company worked to meet Federal Reserve stress test standards.
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Banker John Guedry’s speech on Wednesday marked the first of what he expected to be many talks with business leaders across the valley through November about a proposed 2 percent margins tax on business that would be earmarked for education.
Technology such as video conferencing is forcing a redesigned blueprint at financial insitutions across the country and throughout Southern Nevada. Tellers are stepping from behind the counter. Even the line at the drive-up window is shorter.
Zions Bancorp, parent company of Nevada State Bank, is alone among 30 major banks to fail a “stress test” by the Federal Reserve.
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.
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.