A local bank’s second in command is planning to retire. A Mechanicsville firm sells $500M in debt to help fund an acquisition and several local insiders buying and selling stock this week.
Trading Day: Local SEC filings for Sept. 18, 2014
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.
Shared UVA roots help seal merger
A Shockoe Slip financial firm’s latest acquisition is tinged with the colors of Wahoo blue and orange.
Bank expansion takes CEO back to Bon Air
A Glen Allen-based bank is making another move Southside with a new branch that’s familiar territory for its CEO.
Ratings show stability for local banks
A ranking of federally insured financial institutions shows second-quarter growth for two local banks, with most others hanging steady to their first-quarter ratings.
Food service giant plans IPO
After going private in 2008, a Goochland distribution company is taking the first steps toward a second IPO. A public launch would put it on level with some of Richmond’s largest corporations.
Trading Day: Local SEC filings for Sept. 11, 2014
A local executive plans to step down. An insider cashes out on $1M in stock. And a downtown firm closes on a $83M acquisition.
Golf club readies revamped course
After a summer of renovations, a local club is shooting for a late September opening of its full course.
Kilmarnock bank eyes empty branch
A Patterson Avenue building is once again doing the bank branch shuffle.
Eagle Construction boss departs
A longtime head of one of Richmond’s biggest homebuilders has stepped down from his position.
Trading Day: Local SEC filings for 9.4.14
Two local executives resign, including a CEO. A bankrupt local company will pay a consultant $60,000 a month. Another CEO sells off $4M in stock in a busy week for insider filings.