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.

Bank’s heritage consolidated into the history books

A local bank brand known for its African American heritage is getting a name change. And it’s a clever move by the bank’s out-of-state owners to help clean up a regulatory impediment.

Lights, camera, Richmond

A made for TV movie will be filmed in Richmond starting this month.

That’s worth a champagne toast

A local restaurant bought its independence yesterday and avoided becoming a victim of Justin French’s legal and financial problems. After shedding a few tears of joy, the owners poured champagne for themselves.

Investor finds coal in his stocking, not in his portfolio

It didn’t take a local ophthalmologist long to start second-guessing his $800,000 investment in a fledgling Appalachian coal mining operation. And now he has filed a lawsuit to try and recover his money.

New life at Richbrau – sort of

There isn’t a new tenant for the former Richbrau brewery/pub yet, but neighboring business has taken advantage of the prime Cary Street exposure.

Bank’s troubles haunt new owner

Why regulators won’t let a profitable, well-capitalized bank holding company throw its shareholders a bone.

Finally, Zipcar is in Richmond

BizSense for years has been wondering when Zipcar would finally set up shop in Richmond.

REIT hungry for more deals

A Richmond-based real estate fund has gone on a buying binge lately and wants to raise another $2 billion to keep gobbling up more property.

Trading Day: Inside the SEC filings for local companies

After missing the original deadline for filing its second quarter financial results, Village reported net income of $460,000 for the quarter, compared with a $1.7 million loss in the same period last year. Also, lots of insider buying and selling.