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Former First Capital CEO sues Park Sterling

Former First Capital CEO sues Park Sterling

Michael Schwartz August 9, 2016 0

A former local banker claims he's been short-changed some of the severance he was promised when he left for another job last year in the midst of his bank being acquired

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Midlothian bank sheds regulatory agreement

Midlothian bank sheds regulatory agreement

Michael Schwartz August 3, 2016 0

The bank has been released from its so-called written agreement, a stringent pact it entered with the Federal Reserve in 2012 in an effort to find a more stable footing after the recession

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Local bank follows Wegmans to Short Pump

Local bank follows Wegmans to Short Pump

Michael Schwartz August 2, 2016 1

A Wegmans and Cabela's-anchored shopping center in western Henrico has hooked a bank tenant

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Xenith seals $117M merger

Xenith seals $117M merger

Michael Schwartz August 1, 2016 0

The downtown-based bank on Friday finalized its deal to be absorbed into Hampton Roads Bankshares, creating a $3 billion institution that will keep its combined headquarters in Richmond

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Banking giant laying off dozens in Richmond

Banking giant laying off dozens in Richmond

Michael Schwartz July 28, 2016 0

One of the big players in the Richmond investment banking industry is trimming its downtown headcount

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Local banks eye Chester, Cumberland for expansion

Local banks eye Chester, Cumberland for expansion

Michael Schwartz July 6, 2016 0

A local bank that's soon to relocate its corporate headquarters from river country to Innsbrook is headed further south to expand its branch count, while one of its competitors is looking west

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Local bank ratings show stability

Local bank ratings show stability

Michael Schwartz June 29, 2016 0

The health of Richmond’s banking market held steady during the first quarter, according to a report this month from a well-known bank ratings firm. The latest measurements from Bauer Financial, a Florida firm that

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Regional bank opens renovated branch in the West End

Regional bank opens renovated branch in the West End

Michael Schwartz June 28, 2016 0

A Petersburg bank’s new West End outpost is officially open for business. Virginia Commonwealth Bank unveiled its new branch at 900 N. Parham Road on Monday. The 3,000-square-foot building replaces a nearby branch the

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Former BofA head launches West End firm

Former BofA head launches West End firm

Michael Schwartz June 22, 2016 0

More than a year after stepping away from the state’s top post at Bank of America, Gary Gore is back in the game. The former Richmond market head and Virginia president of BofA has

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$12M HQ sale is weight lifted off local bank

$12M HQ sale is weight lifted off local bank

Michael Schwartz June 17, 2016 1

Ending a five-year effort, a Midlothian bank has unloaded its former headquarters building in a sale that takes it a step closer to finally ditching the last of its recession-era regulatory burden. Village Bank

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