Banking

With their marriage set for April Fool’s Day, two banks from Petersburg and Kilmarnock have found a place to settle down together in Richmond.

A local bank merger now has a clear path to the closing table, in a deal that would create a combined $800 million institution.

As it moves toward a merger with a Northern Virginia peer, a Henrico-based bank disclosed this week that it has shed two dozen jobs in the last two months.

With a westward expansion in the works in Charlottesville, the local bank also recently looked east in a bid to grow its mortgage division.

A group of Northside businesses and residents is trying to stop the banking giant from pulling out of their neighborhood.

Ending what he described as a six-month sabbatical from banking, Gary Armstrong is back in the game.

The downtown investment banking firm isn’t backing down in its legal battle with a group of attorneys from Richmond and Charlottesville.

Seizing the chance to add a veteran of the public sector to its ranks, the Richmond investment banking firm has set up a new shop in South Carolina.

Less than six months after expanding its lending office, the local bank is taking a bigger step in Cavalier country.

Two years after it jumped from a downtown tower to Tobacco Row, a local wealth management and financial software company is reversing course.