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.

Financial manager charged with wire fraud

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A Richmond businessman is facing federal criminal charges in Charlottesville after mishandling the finances of his celebrity client.

Trading Day: Local SEC filings for 7.11.13

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A big payout for a retired local executive. A local REIT considers consolidating three of its funds. And insiders disclose their participation in a local bank’s recent capital raise.

Bank makes June a $50 million month

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With $45 million already in the bag, a local bank padded its coffers last week with an additional $5 million in fresh capital.

The R&D Dept.: Local Patents for 7.3.13

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Patents go global this week with several locals involved in inventions for international firms. A major bank gets a patent for turning around underperforming branches.