A Massachusetts-based insurance broker has settled into the downtown SunTrust Center after choosing the River City as its southern hub.
Boston insurance firm lands in Richmond
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].
Local VC, private equity firms making moves
A downtown venture capital company has just capped off a $120 million fund, while Southside private equity money has made a new bet on the realm of construction.
Downtown finance firm closes $18.9M capital raise
A 15-year-old Shockoe Slip-based wealth management and financial advisory business has just taken on a pile of cash.
Blackstone-based bank pushes into Powhatan
Armed with the recently departed CEO of New Horizon Bank, an out-of-town player has staked a claim in the Powhatan banking market.
Embattled firm’s Richmond outpost shuttered; advisor jumps to Southside competitor
Forced to abandon ship when the North Carolina-based company he worked for became entangled in its CEO’s legal troubles, a longtime Richmond financial advisor has found safe haven at a local wealth management firm.
Merging banks find their touchstone
After hiring a Richmond marketing firm and going through dozens of names, two Virginia financial institutions have settled on their new moniker.
Shareholders sue over Union-Xenith deal
The pending marriage of two local banks is now the subject of two lawsuits attempting to block the deal, part of a legal trend that’s become a kind of rite of passage for most M&A negotiations involving publicly traded companies.
Back in action: The BizSense comments section
After a short hiccup, you can once again post, read and respond to comments on new and past stories.
National payroll firm makes local acquisition
A longtime local company has been snatched up in a deal that will help a national player grow its Richmond book of business.
Richmond law firm heads for Williamsburg
After luring an attorney from one of its larger competitors, a local law firm is hanging out a shingle in the Hampton Roads market.