The future direction of a local bank could be decided today at a Holiday Inn.
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.
Lawyers jumped ship, but not for long
Three lawyers who packed up their belongings recently and left for a cross-town rival have changed their minds.
W&L gets more grant money for business reporting
The media business as a whole may be hurting, but at least one foundation thinks business journalism has a future.
Consider this a warning
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.
Trading Day: Inside the SEC filings of public companies for 7.15.10
Brink’s CEO gets 30,000 shares, a former CEO at the parent of Essex Bank sold almost 2,000 shares.
VCU gets $20M federal grant
VCU said today it received the largest federal award in its history.
The doctor will see you in 18 minutes
A digital counter shows how long you’ll wait if you have to go to the emergency room at Henrico Doctor’s Hospital, and all you have to do is drive by. And it’s the latest — and maybe most clever — move in an increasing battle of local hospitals for market share.
Wells Fargo closings include 3 local offices
Of the 638 Wells Fargo Financial stores that will be closed as part of a massive restructuring, 14 are in Virginia, including three in the Richmond area.
Monday Q&A: So you’re a bank turnaround specialist?
At 58, Herb Marth is facing one of his toughest challenges in a long banking career – trying to stabilize Powhatan-based Central Virginia Bank. This week he talks about troubled assets, the distraction of so much regulation and why fewer businesses are “credit worthy.”
Heart Institute isn’t pumping information
A local cardiac medical center might be closing.