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.

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.

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.”