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.
Former First Capital CEO sues Park Sterling
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.
Pipeline 2.0: BizSense launches new email for commercial real estate
Richmond BizSense is branching out with our first industry-specific email blast, featuring the top three sales and top three leases from the week.
Midlothian bank sheds regulatory agreement
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.
Local bank follows Wegmans to Short Pump
A Wegmans and Cabela’s-anchored shopping center in western Henrico has hooked a bank tenant.
Xenith seals $117M merger
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.
Ukrops sell Berry Burk building for $4.6M
A prominent downtown department store-turned-apartment building is now in the hands of Richmond’s largest hotel operator.
The Pipeline: Commercial real estate deals for 7.29.16
Domino’s and Starbucks in the city, a planned Love’s Travel Stop and moves in Henrico and Chesterfield counties. For all the data, become a BizPro member.
Banking giant laying off dozens in Richmond
One of the big players in the Richmond investment banking industry is trimming its downtown headcount.
Restaurant lives on at dormant golf course
While there may not be any golfers passing through its clubhouse these days, a local restaurateur is adding some life to River’s Bend Golf Club.
DealFlow: Investment banking roundup for 7.20.16
Deals this month from Matrix Capital Markets Group, Marriott & Co. and Harris Williams, plus a $1 billion deal closed by BB&T Capital Markets.