After years of a lot of bad news, the local banking scene saw a sunnier side in 2012.
Bank on it: Why 2012 was a turning point
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.
Big deals: Transactions that shaped 2012
BizSense looks back at some of the highest-profile and biggest-money deals announced in Richmond during the past year.
Monday Q&A: Rip up the playbook
Tom Yeager has been in the business of college sports since the late 1970s, but he’s never seen anything like what’s happening these days.
Hardywood commits to second building
Just months after leasing a second building, one of Richmond’s fastest growing breweries has gone from renter to owner.
Markel announces $3 billion acquisition
Grab the sunblock and get used to driving on the other side of the road: The Richmond insurance company is buying its way into the Bermuda reinsurance business.
Trading Day: Inside local SEC filings for 12.20.12
The pay packages for two new local executives are revealed. A major shareholder of a local bank continues its sell-off. And Richmond’s king of tobacco makes a payment on a major anti-smoking settlement.
In bank rankings, no news is good news
Richmond-based banks held steady in their performance during the third quarter, according to a Florida ratings firm.
The R&D Dept.: Local patents for 12.19.12
Some interesting inventions from locals this week including a cigar box from a company in Glen Allen and a foldable cup from a man in Richmond. Plus patents from Capital One, Afton Chemical and more.
Colonial Downs wants lawsuit scratched
A local horse track is trying to buck off a federal lawsuit that alleges trademark infringement and false advertising.
Monday Q&A: No regrets
Outgoing Media General chief executive Marshall Morton reflects on his 23 years with the drastically changed company.