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.

Churches settle deposit dispute

An Eastern Henrico congregation didn’t get the new church it wanted, but it’s at least getting its money back from an unsuccessful bid on a property near Manchester.

Charlotte bank up and running on Patterson

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An out-of-town bank’s first Richmond retail branch is open for business in a former gift shop along the competitive stretch of Patterson Avenue.

Insurance brokerage scores new 9-figure war chest

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Richmond-based insurance brokerage last week finalized a deal for a large new round of private equity funding after buying out its previous investors and paying a more than 300 percent return.

Longtime credit union CEO to retire

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A succession is in the works at the top of one of Richmond’s largest financial institutions as its CEO will step down early next year.

Gottwalds back in the driver’s seat at Tredegar

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With the abrupt departure last week of two top executives, a prominent Richmond family has grabbed a firmer hold on the direction of a local publicly traded company.

Credit union rolls out loans for bikes

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With the popularity of cycling gaining momentum in Richmond, the area’s largest credit union is getting in on the trend with new loans for bike purchases.