Banking

A Richmond bank’s hunt for new revenue has taken it to the edge of the Atlantic Coast.

The partner of a former U.Va. and NFL football player facing civil and criminal charges for defrauding dozens of investors pleaded guilty on Friday for his role in the alleged scheme.

A veteran executive of the local investment scene is back in action after joining a longtime West End firm.

The Midlothian-based bank is combining two branches in a bid to realign resources and continue its recent momentum.

The Richmond market’s third bank acquisition of 2016 is complete.

Signing on the dotted line is all that stands between a Midlothian bank and its deal to be acquired later this week by a larger rival from North Carolina.

A changing of the guard is in the works at Richmond’s biggest bank after the company looked outside its home state to ultimately find a native Virginian to take its top job.

As out-of-town banks have flocked to Richmond in search of new revenue, a local bank recently followed a similar strategy in its furthest push westward outside its home market.

Less than two years after buying its way into the Richmond market, TowneBank is officially up and running in its new local headquarters, complete with its own place in the downtown skyline.

A North Carolina-based bank got a vote of confidence for its pending bid to buy its way into the Richmond market.