Banking

Less than a year after announcing its plans to anchor a new tower planned near the downtown riverfront, one of Richmond’s biggest employers has decided to stay put.

The local Fortune 500 company is being taken private and into the arms of a Chinese conglomerate.

A local bank is on the hunt for real estate as a grocery mega-merger is displacing several of its Richmond-area branches.

It didn’t take long for many recently laid off local BB&T workers to land on their feet.

Newcomers to the Richmond banking scene continue to gain traction in grabbing their share of the market, while two of the big boys lost some of their grip.

A local bank has gone back to the drawing board in its bid to stake further claim in Virginia Beach.

While most local financial institutions held steady in the eyes of a well-known ratings firm last quarter, Village proved to be the exception.

A Richmond bank has shed the residential mortgage arm it inherited through its big merger earlier this summer.

Fresh off a capital raise and financing round, a fast-growing local startup has taken more office space in Henrico and is in hiring mode.

What started seven years ago as an idea between two friends at the University of Richmond has turned into one of the fastest-growing businesses in the region.