But the $423 million bank’s choice won’t surprise close observers.
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.
LeClairRyan rings in the year loud and clear
The Richmond law firm announced Monday the addition of more than 35 attorneys and employees across the country and a new office in Rochester, N.Y.
Luck of the Irish runs out
Flying into Ireland the day after Christmas, two questions were on the mind of reporter Michael Schwartz: Where’s the nearest pub, and what will another country’s recession look like to an American who has the benefit of hindsight?
Recycled: Business jargon that needs to retire
Here’s the long and short of it: BizSense has been compiling a list over the last few weeks of overused clichés from the business world.
A brighter retirement for some Richmonders
The chances for a decent retirement go up in Richmond if you work for a big law firm or a tobacco conglomerate, according to a study that rates the retirement plans of some of Richmond’s largest companies.
Another local bank is under an agreement with regulators
A local bank is the fifth to be put under a written agreement with regulators in hopes of stemming the damage caused by millions in souring loans.
A meaty lawsuit?
A local start-up sausage maker says on its website, “You should know what’s in your sausage.” But a butcher shop suing the young company claims to know exactly what is being stuffed in those sausages, and now the two are battling it out in court.
Trading Day: Inside the SEC filings of local companies for 12.23.10
Lots of insider trades, plus a director at Community Bankers Trust has died.
Union First goes west
Richmond’s biggest bank is expanding again.
Back to the farm
The CEO of one of Richmond’s last independent brokerages has stepped down, but not before adding more than 10 offices and changing some of the personnel at the Richmond headquarters over the course of one year.