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.
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.
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.
The R&D Dept.: Local patents for 12.22.10
A local inventor has a new apparatus for an indoor fire place. Plus industrial patents from a handful of other companies.
Franklin Federal can almost taste it
With cash from a planned IPO, sleepy Franklin Federal Savings Bank might look for acquisitions in its bid to become more like a regular bank. And as part of the IPO process, the company revealed how much it paid its CEO.
‘It’s going to be a challenge’
Jack Zoeller spoke with BizSense during his first of couple days at his new job as CEO of Bank of Virginia.
3 strikes for local business
Three local companies declared bankruptcy this week, including the owner of a truck stop and motel near Kings Dominion and the owner of an 84-acre undeveloped tract of land, a trailer park and a Mexican restaurant.