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.

New CEO in store for Midlothian-based bank

Back on more stable financial ground, a locally based bank is set to get its third CEO in six years. Midlothian-based Community Bankers Bank earlier this month announced Gary Shook, a veteran Virginia banker and former longtime head of Middleburg Bank, as its next chief executive. Shook, 60, will replace Billy Beale, who came out… Read more »

Chase Bank readies first local branch, digs in at Willow Lawn

The banking giant continues to push ahead with its first retail branches in the Richmond region, and the landlord on one of its Henrico locations has put the property on the market even before the bank has officially opened for business.

Richmond lands its usual seven on Fortune 500

Seven locally based companies made the coveted list published each year by Fortune Magazine, which released its latest edition Monday. The rankings are based on annual revenue.