More competition for local banks could be on its way from Charlottesville.
Two large out of state banks with a presence in the Richmond market made big announcements this week.
A struggling Florida bank run by two Richmond entities is being sued by a local investor for alleged fraud. The suit provides a glimpse into the overall health of a local private equity fund that invests in community banks.
A director at Carmax cashes in stock options for a profit of $140,000, and Media General and Altria report quarterly earnings.
Local firm gives employees cash and one-week sabbatical
A deal between a Hampton Roads bank and a struggling bank in North Carolina would shake up rankings of the state’s largest community banks.
The future direction of a local bank could be decided today at a Holiday Inn.
Three lawyers who packed up their belongings recently and left for a cross-town rival have changed their minds.
The media business as a whole may be hurting, but at least one foundation thinks business journalism has a future.
In the midst of planning a stock offering to raise sorely needed capital, a local bank received notice from Nasdaq that the value of its shares has been too low for too long.