An executive is leaving his post at one of Richmond’s largest companies. A local coal mining firm is laying off hundreds in Appalachia. And the date is set for a shareholder vote on the biggest banking deal in the state.
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.
Deal closes in plan for 2 downtown hotels
One of Richmond’s largest hotel owners is checking in again downtown.
DealFlow: Investment banking roundup for 10.23.13
Deals this month from BB&T Capital Markets, Harris Williams. And acquisitions by HDL, Dominion and more.
The R&D Dept.: Local patents for 10.23.13
The busiest patents report in months with inventions from Capital One, MeadWestvaco, Philip Morris, DuPont, Wyeth, IBM and more.
Auction process teed up for golf course
As its owner scrambles for a lifeline, a foreclosure auction looms over a local golf course.
Bankers get taken out to the ballgame
A team of bankers and some of their clients got to play hooky last week and don baseball uniforms, caps and mitts in place of their usual suits and briefcases.
Local businessman found liable in fraud
A Richmond businessman and two of his local firms were found liable last week in what the SEC called a $7 million fraud and Ponzi scheme.
Bank’s TARP saga ends in $26.5M question
Another local bank said “so long” to TARP last week and has at least one new mystery shareholder as a result.
Roseland gets a thorn out of its side
After a two-year slog through bankruptcy, a massive stalled development in Chesterfield can finally see a light at the end of the tunnel.
Richmond law giant absorbs Maryland firm
One of Richmond’s biggest law firms has cut a deal bring another out-of-town firm into its fold.