A major Richmond bank has been boosted up to the best possible rating by Florida firm Bauer financial, which evaluates banks’ performance each quarter.
Large bank climbs to top of quarterly ratings
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.
Dont wait! Be a part of Generosity Inc.
Don’t miss out on the chance to participate in the second annual Generosity Inc. event, a celebration of charitable companies and the nonprofits they support. Apply now.
Trading Day: Local SEC filings for March 12, 2015
Proxy season begins with companies revealing the pay packages for their top execs. Find out which local CEO had $20M in total compensation last year. Plus a local chief executive agrees to forgo a big severance payment as his company works to close a massive merger.
Entrepreneur buys back the family business
Travis Weisleder and his family sold their car dealer marketing business to a larger company in 2007. Now, he’s taking back control of the company.
High-end upgrades change golf club’s game
Just coming off renovations to its golf course, a Chesterfield club has unveiled its revamped clubhouse, which includes a high-end restaurant, event space and wine bar.
Bank gets green light for second local branch
A Northern Neck bank that recently opened on Patterson Avenue is finishing up the conversion of another former StellarOne branch and plans to open at the end of the month.
Trading Day: Local SEC filings for March 5, 2015
The new CEO of downtown company gets a six-figure pay raise, a company shuffles its board duties after the death of a director, and local bank changes accounting firms.
West End firm merges with Boston company
In its first merger, a longtime financial institution is joining forces with a Boston-based firm with offices across the East Coast. The combined companies have more than $5 billion in assets under management.
Lawyers respond to $15M Davenport suit
A legal battle between a large local financial firm and a rural Virginia county – that was ultimately settled last year – has made its way back into the local court. Now, a handful of attorneys and law firms are demanding that a $15 million suit against them be thrown out.
BizSense brings on a Hokie
Meet our newest reporter Jonathan, a Virginia Tech grad who joined us last week and is taking on the residential real estate beat.