Not to be outdone by a major announcement from its largest local rival, C&F Bank and its parent company announced a deal of its own late Monday.
Michael Schwartz
Union deal to create mega Va. bank
Union First Market Bank’s acquisition of StellarOne will create the largest community bank in the state since the days of Central Fidelity and Signet.
Union First Market Bank to buy StellarOne
Richmond’s biggest bank is about to get a lot bigger, with an acquisition deal valued at about $445 million.
Water sports park plan hits choppy water
If Doug Hackman gets his way, water skiers will be zooming around a new park in Chesterfield County by April. But first he has to get past the county government.
Fortune 500 company cuts nearly 100 local jobs
One of Richmond’s largest financial firms is cutting 400 positions, including about 5 percent of its local workforce.
Media General set to expand its reach
The company’s planned merger with a private Nashville firm would bring 12 TV stations, including one in Richmond, into its fold.
Downtown renovation takes a baby step
There’s a small sign of life at a long dormant skyscraper.
Trading Day: Local SEC filings for 6.6.13
Plenty of insiders buying and selling this week, including a $1 million stock option.
Foreclosed complex tangled in federal suit
After being foreclosed on last week, a large Northside apartment complex remains at the center of an ongoing federal lawsuit.
DealFlow: Investment banking roundup for 6.5.13
Big money closings this month from Cary Street Partners, Harris Williams, BB&T Capital Markets, including deals for an Irish bar operator, several REITs, local accounting firms and more.