Banking

Updated: Creditors look to force Live Well Financial into bankruptcy

Three sizable creditors of collapsed local lender Live Well Financial are attempting to force the Chesterfield-based firm into bankruptcy liquidation as they seek to recoup more than $130 million. Flagstar Bank, Mirae Asset Securities, and Industrial and Commercial Bank of China Financial Services filed an involuntary bankruptcy petition against Live Well on Monday in Delaware… Read more »

So long Union Bank & Trust, hello Atlantic Union Bank

“There are literally thousands of touch points,” a bank executive said of the nearly endless list of items that had to be changed out to make way for the new moniker. The changeover also includes a new name for the bank’s holding company and a new stock ticker symbol.

Local bank CEO abruptly departs

The Richmond area’s youngest bank is on the hunt for a new chief executive for the second time in less than two years.