The parent of one Richmond’s newest banks is looking to commence a big stock offering.
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.
Trading Day: Inside the SEC filings for 3.10.11
Big paydays for local execs as companies begin to release their proxies; a local real estate investment trust works more big hotel deals; shareholders of a local coal company dump millions of dollars worth of shares; and a local drug maker takes a step toward selling its new drug in Europe.
New local financial firm raises $58M
Cortview Capital Securities, a local broker-dealer, has been quickly filling its coffers since it opened for business in Richmond last September.
New investors interested in Roseland?
The future of massive Chesterfield real estate development is starting to take shape as its financial picture becomes clearer.
Convicted schemer’s house goes on the block
While convicted local Ponzi schemer Donald Lacey does his time in the big house, his $1 million big house in Mechanicsville is up for auction later this week.
Increasingly common problem hits Royal golf club
The Royal Virginia Golf Club is headed to foreclosure auction, joining several courses in Virginia that have gone into foreclosure or filed bankruptcy after a decades-long boom in golf course construction.
Big Apple bank moves downtown
JPMorgan Chase moves its local team of five from Innsbrook to Three James Center.
Megabus looks to add new Richmond routes
The increasingly popular low cost bus line wants to run routes from Richmond to Norfolk and Fredericksburg.
Local bank names new CEO
The former CEO of the now non-existent Bank of Richmond is back at the helm of a local community bank.
‘They hit a brick wall’
Condrey Construction, which thrived during the housing boom by building high-end homes, files bankruptcy.