James Stevens, who worked for the bank for more than 20 years, will be sentenced next week in federal court in Richmond.
Prosecutors want 60-month prison sentence for former Primis Bank loan officer
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.
Bank of America closes downtown branch, begins site work on Willow Lawn spot
The banking giant closed its branch within the office tower that bears its name, though its logo remains atop the 24-story building and its other operations continue onsite.
Office fire on Patterson sparks lawsuit between former neighbors
The fire at a western Henrico office building that displaced several local small businesses has now ignited a legal battle over who’s to blame for the blaze.
Scott’s Addition-based staffing firm expands in Charlotte with first-ever acquisition
Magnify, which was founded in 2014 and originally known as Executive Placements, on Monday acquired HuntSource, a cyber security staffing firm in Charlotte, North Carolina.
Businesses relocate, rebuild after fire totaled their building on Patterson
After pondering their futures, grappling with insurance companies and searching for space, at least a few of the displaced businesses have found new homes and are trying to put the experience behind them.
Henrico-based LL Flooring gets another takeover offer, this time at $2.50 a share
A familiar suitor is taking another crack at buying the publicly traded retailer, but this time it wants a discount.
Richmond Fed vacates West Creek complex, lists property for sale
Built in 1997 for furniture company Heilig-Meyers, the property houses a 6-story, 200,000-square-foot office that the Richmond Fed had used mainly for its IT staff.
Gottwalds look to exert leverage, push for changes atop Tredegar Corp.
Members of the powerful Richmond family are once again looking to wield their position as the largest shareholders of the locally based industrial manufacturer.
With $150M in new capital in hand, Blue Ridge Bank looks for more stable footing
The cleanup job continues at Blue Ridge Bank, and it just got eight figures worth of cash to help it get back on track.
Local real estate finance firm hunts for deals after lining up $50M war chest
The Innsbrook-based company said it was recently tapped to be the steward of a $50 million pool of outside capital that’s to be put entirely into commercial real estate transactions.