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.

Sentencing delayed in wire fraud case

Charlottesville Federal Courthouse by Flickr user OZinOH

A Richmond businessman awaiting sentencing for defrauding his rock star client has bought some extra time before finding out his fate.

Trading Day: Local SEC filings for 10.31.13

tradingday211

A local company is working a $1 billion deal for hundreds of thousands of acres. Richmond tobacco king is buying back a load of its debt. And a healthy dividend declared by a downtown company.

Local bank branches on list to be closed

StellarOne Robious Road

More than a dozen bank branches across the state – including two that recently opened in the Richmond market – are set to close next year as a result of the year’s biggest local banking deal.