Sevier County Bank, which expanded into Richmond last fall as Southern Community Bank, is set to be acquired by SmartBank, a much larger competitor from its home state.
Deal to combine Tennessee banks will ripple into Richmond
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Former Live Well execs to be sentenced after cooperation in Hild trial
The two men, who pleaded guilty to fraud charges over an alleged bond pricing scheme, are expected to take the stand against their former boss.
Hild trial begins today in Manhattan: ‘This is when the truth comes out’
His attorney said the founder of Live Well Financial, accused of a bond scheme and charged with fraud, is looking forward to his day in court.
BizSense reviving Guest Opinions
After 12 years of focusing strictly on the news, Richmond BizSense wants to give our growing local business audience a different way to share what’s on its mind. Next week we’ll begin regularly publishing full-length, community-submitted opinion pieces, with a goal of fostering a new sort of conversation fueled by the perspectives of leaders of… Read more »
Insurance agency’s team wins Safe Harbor Title Invitational at The Federal Club
Lyons and Associates’ score of 17-under was the best among the 25 foursomes that played the captain’s choice event.
Investment banking firms Matrix and Piper Sandler make moves downtown
Richmond-based Matrix moved its HQ to Gateway Plaza and Piper Sandler leased its first office in the city at the SunTrust Center.
Atlantic Union Bank finds location for its first branch in Scott’s Addition
Richmond’s biggest locally-based bank will open a 1,500-square-foot storefront at 1400 Roseneath Road in the Scott’s View mixed-use development.
Updated: Hild criminal trial to begin April 13 in Manhattan
Nearly two years have passed since the Live Well Financial founder was arrested over an alleged bond scheme that defrauded lenders.
Powhatan bank gets new owner, $5M in fresh capital for digital push
New Horizon Bank, the smallest bank in the Richmond region with a single branch, was acquired by holding company CSBH.
Hard Hat Happy Hour Virtual Tour: The Ella
For this month’s episode, presented by Sands Anderson, we take you to The Ella, a sprawling mixed-use development underway on a 6-acre section of the UMFS campus just west of Scott’s Addition.