Banking

A local financial institution is making its first move into the Hampton Roads market, which recently has opened up after a steady stream of mergers.

The Richmond market’s youngest and smallest bank is on the hunt for a new chief, but not letting the leadership change slow down its plan to build a branch in a Luck Cos.-led development.

A West End property left empty by a North Carolina-based bank has been snatched up by another out-of-towner looking to make its first splash in the market.

The continued coupling of Virginia banks knows no bounds, as yet another deal will reshape the Richmond market.

In the midst of their pending $700 million marriage, two local banks are each closing deals at opposite ends of the state.

A national banking giant has slimmed down its presence in downtown Richmond after closing an outpost in the Wytestone Plaza building.

In the midst of negotiating a $700 million deal to be acquired by one of its larger Richmond-based peers, the local bank also was doing some branch trimming.

For at least the third time in as many weeks, a regional merger is shaking up the banking ranks in Richmond and across the state.

A $230 million bank whose seven-branch territory ranges from Dinwiddie to Chesterfield last month acquired a new headquarters building in Prince George.

The transaction will create a $40 billion Southeast banking behemoth and bring a new brand to the local market.