Banking

One of the largest banks with local operations has picked a successor to its longtime Richmond regional president, who retired last week after 42 years in the industry.

Just months after stepping down from the investment banking firm he helped start, Jeff Moore is putting his experience – and personal funds – into a new private equity company.

A trust company and bank are leaving behind their 100-year-old downtown building for more space in the suburbs – leaving the Main Street office and branch up for grabs.

The newest bank in Richmond is making a big entrance into the downtown market with a deal for 26,000 square feet and its logo atop the city’s upcoming 18-story office tower.

A former executive of a small local bank is facing prison time on charges that he skimmed money from bank credit cards over the course of several years as CFO.

After keeping a fairly low profile since its arrival in the Richmond market, a Tennessee bank is pushing for more prominence with the launch of its West Broad Street branch.

The CEO of Richmond’s biggest bank also boasts the biggest paycheck among his local peers in a rundown of their 2014 compensation packages.

Continuing to trim down its branches post-merger, Richmond’s largest bank is cutting seven locations across the state, including two in the Richmond area.

A new-to-town bank with a presence in the Libbie-Patterson stretch has opened its second area branch in Chesterfield County.

Just a few months after making its move into Richmond, TowneBank has its sights set on a new branch among the city’s biggest banks downtown.