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.

Longtime investment banker launches new venture

Jim Young RTK Capital ftd

Just months after stepping down from the investment banking firm he helped start, Jeff Moore is putting his experience – and personal funds – into a new private equity company.

Bank to vacate downtown building

MiddleburgVault ftd

A trust company and bank are leaving behind their 100-year-old downtown building for more space in the suburbs – leaving the Main Street office and branch up for grabs.

Would-be buyer walks away from bankrupt church

Months after putting down a $2.15 million bid on a large Southside church property, a Henrico congregation is stepping back from the deal, which has been convoluted by lawsuits.

Bank grabs HQ space in new tower

Gateway Plaza TowneBank ftd

The newest bank in Richmond is making a big entrance into the downtown market with a deal for 26,000 square feet and its logo atop the city’s upcoming 18-story office tower.

Former bank CFO indicted for embezzlement

mckenney branch

A former executive of a small local bank is facing prison time on charges that he skimmed money from bank credit cards over the course of several years as CFO.

Finance firm’s buying spree begins

decker ftd

With several Richmond firms on its radar, a Raleigh wealth management advisory has sealed its first local deal with the acquisition of a longtime Southside company.

Dominion to raze downtown building

Dominion ftd

The energy company plans to demolish one of its many downtown office properties before the end of the year as part of a larger plan to update its real estate holdings.

Bank boosts presence with new branch

First Tennessee Bank Reynolds Crossing ftd e1494275952118

After keeping a fairly low profile since its arrival in the Richmond market, a Tennessee bank is pushing for more prominence with the launch of its West Broad Street branch.