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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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Union moving out of soon-to-be Publix stores

Union moving out of soon-to-be Publix stores

Michael Schwartz October 20, 2016 6

A local bank is on the hunt for real estate as a grocery mega-merger is displacing several of its Richmond-area branches

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N.Y. firm seizes on BB&T layoffs for entry into Richmond

N.Y. firm seizes on BB&T layoffs for entry into Richmond

Michael Schwartz October 19, 2016 0

It didn't take long for many recently laid off local BB&T workers to land on their feet

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Local banking newcomers climb ranks in deposit totals

Local banking newcomers climb ranks in deposit totals

Michael Schwartz October 14, 2016 0

Newcomers to the Richmond banking scene continue to gain traction in grabbing their share of the market, while two of the big boys lost some of their grip

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Deal for Union oceanfront branch falls through

Deal for Union oceanfront branch falls through

Michael Schwartz September 28, 2016 1

A local bank has gone back to the drawing board in its bid to stake further claim in Virginia Beach

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