Virginia Commonwealth Bank and Village Bank are each trimming their location counts in the county.
Two local banks closing branches in Chesterfield
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.
Portion of Hild’s Manchester-area holdings headed to auction
Hild sought and received permission from the federal government to sell the properties, which include the old bank building at 1518 Hull St. and the old Lighthouse Diner building at 1228 Hull St.
Chesterfield credit union to merge with VACU
A small local financial institution founded nearly 60 years ago to serve employees of the Chesterfield County government is looking to be absorbed by the region’s largest credit union.
Former LeClairRyan attorney wins chance to collect gender discrimination damages
A local attorney has won the latest round in her battle with her former employer, collapsed Richmond law giant LeClairRyan.
Thalhimer settles with MGT bankruptcy trustee for $1.5M
The settlement frees the real estate firm from any future liability related to the 2018 collapse of its construction subsidiary. It also helps to potentially free up more money to be paid to creditors.
Henrico-based bank advisory firm raises seven figures for software blitz
In the midst of a healthy banking market, the Innsbrook-based firm is making a multimillion-dollar national push into the software business as it continues its post-recession evolution.
MGT fallout continues with $4 million spat between local developer and insurer
Left hanging by the collapse and bankruptcy of MGT Construction, a local developer is now suing an insurance company for allegedly not holding up its end of the deal on an apartment rehab in North Carolina.
Hild gets more time to respond to SEC charges
Embattled local businessman Michael Hild last week bought himself some extra time to respond to civil claims filed against him by the federal government.
Hilb Group acquired by Carlyle Group
The fast-growing local insurance brokerage has a new private equity backer to help fuel its continued wave of agency acquisitions.
Chase Bank eyes spot near VCU
With locations lined up in Willow Lawn and the West End for its initial Richmond retail push, banking giant Chase Bank is now going after the VCU market.