The announcement appears to be a sign that the company’s board has taken to heart at least some of the concerns expressed in recent months by shareholders, some of whom went public with their grievances.
A busy year for local lawyer moves continues, as a Richmond firm has added a foursome of attorneys and a new office in Hampton Roads.
While it would be the sixth local Wells Fargo branch to close in the last two years, it’s arguably the most noteworthy location of the bunch.
The namesake of VCU’s Siegel Center is suing the estate of his former assistant, seeking to claw back upwards of $1 million she allegedly stole from and that’s now in the name of her beneficiaries.
Nearly 10 years after buying into the Richmond market, the Hampton Roads-based bank finally has the visibility it has sought in Short Pump.
Prosecutors are striking back at Hild’s latest attempt to overturn his federal fraud conviction, arguing he shouldn’t get a do-over on charges related to the downfall of his former company Live Well Financial.
It would be the fifth outpost VACU has opened in Richmond since 2022, when it set out on an aggressive expansion plan within the city limits.
Richmond’s biggest bank is trimming its employee count and eliminating some of its downtown office space as it looks to keep expenses in check in the face of steady revenue but rising interest rates.
The firm, which has 30 offices nationally, launched its Richmond operations on June 1. It’s on the hunt for additional attorney in town and a downtown office space.
Altogether, the 21 CEOs on the list received a combined $119.54 million in total compensation in 2022, an average of $5.69 million.
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