That ends a potential deal that would have put the Henrico club under ownership by someone other than its members for the first time in its 100-plus year history.
Sale of Lakeside Park Club to N.C. golf course company called off
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.
Wells Fargo adds two more local branches to closure list
As it looks to shutter its branch on a prime parcel across from Scott’s Addition, the banking giant also has put two additional local outposts on the chopping block.
Genworth’s Broad St. campus under contract to be sold to Baltimore developer
The prospective buyer beat out two other finalists – Thalhimer Realty Partners and Hourigan Group – in an RFP process that began in 2021.
Local bank closing 8 branches, takes $2M hit from long-running employee fraud
“We’re very confident that this was a one-off issue. There’s a rogue employee, he’d been conducting this for quite a while…” the bank said of the fraud.
Bank of America closing downtown branch in office tower that bears its name
The bank also said it is looking for one to two new locations around the city over the next two years, in addition to a new branch it plans to build from scratch across from Willow Lawn.
Deal for Danville bank marks Atlantic Union’s first acquisition since 2019
“We felt as though we were losing relevance not to just our shareholder but our customers in the way this industry is changing rapidly,” American National Bank CEO Jeff Haley said of the deal.
Breaking News: Atlantic Union strikes deal to acquire Danville-based bank
Richmond’s biggest bank is back in acquisition mode with a deal to expand its footprint in Southwest and Southside Virginia.
Former Live Well Financial exec who made secret recordings gets new sentencing date
Darren Stumberger will be the third Live Well executive to stand before Judge Ronnie Abrams for sentencing in a case related to a bond scheme that defrauded several lenders and sent the company into bankruptcy.
No deal for former Goochland golf course at auction; owner weighs property’s future
“We’re in a fluid position right now. If it doesn’t sell we’re still moving forward with the process,” for the gardens project, owner Arlene Simmons said.
Defendants call for dismissal of claims, more info of alleged theft in Stuart Siegel lawsuit
The lawsuit pitting well-known Richmond businessman Stuart Siegel against the estate and survivors of his deceased personal assistant continues to play out in Henrico Circuit Court.