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 »
A recently shuttered local lender claims it was within its rights when it abruptly sent its entire workforce packing with no advance notice.
A bank in Michigan is going after the head of a recently shuttered Chesterfield-based mortgage company, as it looks to recoup collateral on tens of millions of dollars’ worth of allegedly defaulted loans.
Fallout from the pending $66 billion marriage of banking giants BB&T and SunTrust is beginning to emerge in Richmond, as one side prepares to relocate executives to a new shared mortgage headquarters in Greensboro.
“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.
Armed with an experienced local deal broker and UVA grad, an investment banking firm from the Windy City is planting its flag in Richmond for the first time.
In the face of what it claims is a liquidity crunch, a once fast-growing mortgage company based in the Southside is abruptly winding down its operations and laying off more than 100 employees.
A downtown financial firm has signed its latest acquisition.
The Richmond area’s youngest bank is on the hunt for a new chief executive for the second time in less than two years.
A South Carolina-based bank has a glassy new space to call home in Richmond.