The neighborhood continues its streak as the local hotspot for new bank branches, this time with a $26 billion bank looking to set up shop along Broad Street.
Pennsylvania bank latest to bring branch to Scott’s Addition
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.
‘Not all good and not all bad’: Hild sentenced, remains free while fighting restitution
Friday’s sentencing hearing included a choked-up Hild addressing the court, apologizing to his former employees, his wife and even the city of Richmond.
Breaking News: Michael Hild sentenced to 44 months for Live Well bond scheme
The founder and former CEO of Chesterfield-based Live Well Financial remains free on bond for at least 90 days. His sentence was far below the 15 years requested by federal prosecutors.
Hild set for sentencing today, asks for 0-3 years in prison
The former Live Well Financial CEO will stand before a federal judge this afternoon in Manhattan to learn his fate. His attorney calls for no prison time, while prosecutors want up to 15 years.
Mississippi law firm lures team from rival to grow Richmond ranks
Seven years after expanding into Richmond, the firm has doubled its local attorney headcount in one fell swoop.
House flipper Romano sentenced to 9 years in prison
The judge said he had considered up to 15 years for the “Richmond famous” contractor who was convicted of embezzling funds from his main lender.
Former Live Well execs who testified against Hild get new sentencing dates
With a sentencing date set for former Live Well Financial CEO Michael Hild, two of his former top lieutenants and co-conspirators now know when they will learn their fate.
Atlantic Union to move from Nasdaq to NYSE
“We perceive this as Atlantic Union graduating to the next level up,” CEO John Asbury said of the transfer, which is set to take place Jan. 18.
One staffing firm replaces another in Scott’s Addition’s HandCraft building
“By the end of 2023, our big goal is to double in size in revenue and headcount,” said Alex Weedon, co-founder of Magnify, formerly known as Executive Placements.
Judge swiftly denies Hild’s last-ditch effort to avoid sentencing
The former Live Well Financial CEO’s attempt to invoke legal arguments tied to the case of fallen crypto king Sam Bankman-Fried wasn’t enough to delay his looming sentencing date set for later this month.