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Shareholder sues to block $2.7B Genworth deal

Shareholder sues to block $2.7B Genworth deal

Michael Schwartz November 10, 2016 0

A local Fortune 500 company's deal to be acquired and taken private by a Chinese conglomerate has caught the ire of at least one disgruntled investor

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Abingdon bank is Richmond-bound

Abingdon bank is Richmond-bound

Michael Schwartz November 9, 2016 1

A $1.5 billion privately held institution headquartered in Abingdon, Virginia has secured its first physical presence in the Richmond market

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Another bank merger to shake up Richmond market

Another bank merger to shake up Richmond market

Michael Schwartz November 3, 2016 2

The coupling of regional banks continues, this time in a deal that reaches from the Northern Neck down to the Tri-Cities

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Matrix taps into Texas

Matrix taps into Texas

Michael Schwartz November 3, 2016 0

With its eye on deals around the Southwest, a downtown Richmond-based investment banking firm has set up shop in the Lone Star State

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Local firm strikes deal out west

Local firm strikes deal out west

Michael Schwartz November 2, 2016 0

In search of its first acquisition, a West End financial firm landed in a tiny town in the Shenandoah Valley

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Richmond bank investor makes play in Fredericksburg

Richmond bank investor makes play in Fredericksburg

Michael Schwartz November 1, 2016 1

A veteran Virginia bank investor, who in recent years bought major chunks of at least two Richmond-based institutions, has made a similar move in Fredericksburg

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Class-action law firms swoop in on Genworth deal

Class-action law firms swoop in on Genworth deal

Michael Schwartz October 31, 2016 0

Law firms around the country wasted little time in pouncing on the proposed $2.7 billion deal that will put locally based Genworth Financial under ownership of a Chinese conglomerate

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NoVa banking deal causes Richmond ripples

NoVa banking deal causes Richmond ripples

Michael Schwartz October 26, 2016 0

The latest in a wave of Virginia bank mergers will have a trickle-down effect into Richmond

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SunTrust backs out of new downtown tower

SunTrust backs out of new downtown tower

Michael Thompson October 25, 2016 2

Less than a year after announcing its plans to anchor a new tower planned near the downtown riverfront, one of Richmond's biggest employers has decided to stay put

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Genworth to be sold for $2.7B

Genworth to be sold for $2.7B

Michael Schwartz October 24, 2016 0

The local Fortune 500 company is being taken private and into the arms of a Chinese conglomerate

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