In need of some extra capital, a local bank looked to its top dogs for a shot in the arm.
Insiders issue a $1.68M vote of confidence
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.
Richmond firm extends its reach to Texas
A Shockoe Slip financial firm has new place to hang its hat in the Lone Star State.
Insurer’s growth areas include office space
Growing at an enviable pace, a local insurance company needs more room to spread its wings.
Trading Day: Local SEC filings for 12.12.13
A new six-figure employment contract for a local bank CEO. Plenty of end-of-the-year sell-offs by local insiders. And a downtown firm closes on a $1 billion deal.
Accounting firm snaps up 2 local businesses
Amid a move from the suburbs to downtown, a South Carolina-based accounting firm struck a pair of deals to accelerate its growth in Richmond.
Doughnut shops ready to run again
Shuttered since September as a result of a legal battle, four local Dunkin’ Donuts shops are reopening under new management.
Bankrupt golf course eyes novel solution
With one of his golf courses already back in the hands of its lender, the owner of River’s Bend Golf Club is pushing to keep a grip on the scenic riverfront course in Chester.
Bank maintains its turnaround trajectory
A local bank has chipped off another chunk of TARP.
In wake of embezzlement, liquidation looms
A local insurance company that has been under state control for the past two years could be headed for liquidation.
Banks move toward resolution of lawsuit
A settlement is in the works to end a class action lawsuit tied to a massive Richmond banking deal.