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.
Chicago-based investment bank makes first push into Richmond
Banking
Local mortgage lender Live Well Financial shutting down, laying off dozens
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.
Cary Street Partners seals N.J. deal
A downtown financial firm has signed its latest acquisition.
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.
South State Bank unveils new downtown digs
A South Carolina-based bank has a glassy new space to call home in Richmond.
SunTrust shutters E. Grace St. branch, listed for $1.1M
As it continues to work toward a deal to be acquired by BB&T, an Atlanta-based banking giant in recent weeks shed one of its Richmond branches.
Cary Street Partners acquiring N.J. firm
Less than two years after expanding in its hometown with an acquisition in Innsbrook, a downtown Richmond-based financial firm has yet another deal in the works, this time giving it a bigger foothold in the Northeast.
C-ville bank zeroes in on Richmond
As the Cavaliers prep for the Final Four, a bank from their hometown of Charlottesville is looking to make a run of its own – into Richmond.
Local bank pays first quarterly dividend since 2010
While still keeping its eye on growth via acquisition, a Henrico-based bank also is reviving a habit it hasn’t kept since the wake of the recession: paying a dividend.
TowneBank’s insurance arm acquires old-line Richmond agency
A local insurance agency is under new ownership for the second time in its 150-year history, this time aligning with the insurance arm of a growing regional bank.