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.

A peach of a deal

A local bank will no longer have Georgia on its mind.

A litigious road ahead

Union First Market Bank headquarters

After unveiling a proposed acquisition on June 10 that would create a Virginia banking colossus, Union First Market Bankshares and StellarOne Corp. were quickly dragged into a class action lawsuit in federal court.

Markel bags an Eagle

EagleMain21

The deep pockets of a Richmond insurer have lured a local homebuilder into its nest.

Score one for the turnaround team

The rejuvenation of the local banking scene continued this week as a Midlothian-based bank was released Thursday from a restrictive written agreement with regulators.

Trading Day: Local SEC filings for 8.15.13

Insiders from Genworth, Universal Corp. and Brink’s sell off hundreds of thousands worth of stock. And a local REIT looking to combine three of its funds.

State agency wriggles off a contractual hook

DGIF headquarters

As it waits for its new $10 million headquarters to rise out of the ground in Ashland, a state agency has abruptly parted ways with the project’s original developer.