As we do this time each year, we’re proud to showcase BizSense’s best reporting, best writing, best photography, most quotable characters and memorable headlines from the last 12 months.
Editor’s Picks: The best of BizSense from 2022
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.
Fore! Local golf industry recap for 2022
This year’s best local business-of-golf stories include one course sold, plans to breathe new life into three former courses, plus news of golf belts and golf cocktails.
Richmond legal roundup: White-collar crime took center stage in 2022
Plenty of high-profile white-collar criminal cases played out in local courtrooms this year, while the local legal industry saw changes from mergers, lateral moves and expansions by out-of-towners.
On the money: Richmond banking industry recap for 2022
A long-fought bank vs. credit union battle came to an end this year, while out-of-town continued to show up for a piece of the Richmond market.
Hampton’s Old Point National Bank sizes up in Henrico
The bank first expanded into the Richmond market in August 2020 with a two-person team. It now has seven on the ground here and just leased a bigger office in Henrico.
Live Well trustee looks to Hild criminal ruling to move bankruptcy case along
The day after Hild’s conviction was upheld by a judge in Manhattan, the bankruptcy trustee of his collapsed mortgage company looked to capitalize on the long-awaited decision.
Fast-growing M&A firm buys new HQ near Innsbrook
“It’s a good first office purchase,” said Aaron Kroll, co-founder of Sterling Point Advisors, which is keeping its momentum going with the office purchase.
Burke & Herbert Bank inks deal for first Richmond-area branch
The Northern Virginia-based bank is taking over a former SunTrust branch at the intersection of Robious and Huguenot roads in Chesterfield.
Local bank advisory firm raises $12M to expand software push
“There’s always risk in expansion but because the banking markets are planning for a recession, they invest more in risk management tools in a down market. So, we’re counter-cyclical in that the worse the economy gets, the more they need us,” said Michael Glotz.
Hild denied new trial, conviction upheld
The ruling comes 18 months after the former Live Well Financial CEO was found guilty of a fraud that toppled the company. He’s now set for sentencing next month.