A bank from river country has found a home in Richmond.
Bank’s first step into market complete
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 local banker, restaurateur passes away
It only took one steak to convince Claiborne Thomasson to make the leap from a career in banking to the restaurant world.
Trading Day: Local SEC filings for 3.27.14
A local bank director leaves his post. A struggling local firm’s dwindling stock price is causing it some problems. And an executive picks up a big chunk of stock.
DealFlow: M&A roundup for 3.26.14
A busy month of big deals for local investment banking firms. Plus local deals in tech, banking, healthcare and more.
Downtown firm not immune to buyout offer
While searching for a way to step back from the day-to-day, the owner of a local biotech firm found his answer on the Southside.
Media General’s TV-station spree continues with $1.6B deal
The downtown-based TV-station operator on Friday announced it will pay $1.6 billion to acquire LIN Media in a massive deal that will create a colossal firm owning 74 TV stations in 46 markets.
Bank reaches for another zenith
A Richmond-based business bank announced a deal last week to buy a Gloucester-based bank with aspirations to expand deeper into Hampton Roads.
Former Hooters owner in legal faceoff with local lender
A Midlothian bank claims a bankrupt local businessman lied about his assets and wants a court’s help to get back at least some of what it loaned.
Dark days fade into rear view mirror for local banks
Twelve of the 14 local banks saw their nonperforming asset levels drop in 2013 compared to the previous year. And bankers say loan demand is creeping back.
Banking on four quarters of profitability
A Midlothian-based bank hit a milestone of profitability last year.