It would be the fifth outpost VACU has opened in Richmond since 2022, when it set out on an aggressive expansion plan within the city limits.
Virginia Credit Union to open branch in Shockoe’s Berkeley Hotel
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.
Atlantic Union to cut 4 percent of staff, consolidate office space as part of cost cutting measures
Richmond’s biggest bank is trimming its employee count and eliminating some of its downtown office space as it looks to keep expenses in check in the face of steady revenue but rising interest rates.
Atlanta-based law firm expands into Richmond, lures two local attorneys
The firm, which has 30 offices nationally, launched its Richmond operations on June 1. It’s on the hunt for additional attorney in town and a downtown office space.
Local public company CEO pay down nearly 3%; Altria boss tops list at $16M
Altogether, the 21 CEOs on the list received a combined $119.54 million in total compensation in 2022, an average of $5.69 million.
Baltimore law firm begins revamp of Richmond ranks, moves into new downtown office
After losing part of its Richmond attorney team to one rival, the firm is reconstituting its local ranks by poaching attorneys from two other competitors.
Michael Hild again asks for new trial, citing new evidence against lenders
This time pointing the finger at the lenders of his former firm, the embattled former Live Well Financial CEO is back on the offensive as he continues his fight to remain out of prison and overturn his criminal fraud conviction.
Dominion to sell downtown city block after scrapping plans for ‘clean energy park’
A full city block in downtown Richmond may be developed after all, as Dominion Energy has changed course yet again for the vacant lot it owns next to its headquarters.
Under shareholder scrutiny, local real estate firm adds new outside director to its board
Bowing to pressure from outspoken investors, Medalist Diversified REIT added one of its largest shareholders to its board of directors. Calls for a new CEO are still circulating.
Bidding extended for auction of part of former Goochland golf course
The potential sale of part of a former Goochland golf course is coming down to the wire, albeit two weeks later than planned.
Bruce Matson earns early release from prison
The disgraced former Richmond attorney and bankruptcy trustee is now set to be released from federal custody this September, about half way into his original 44-month sentence.