Banking

Local banks get a positive prognosis

First Capital Bank 620x342

The local banking market is continuing to improve, according to a recent quarterly rankings report, with two local banks jumping up in the ratings and the rest holding steady.

Bank pulls out of West End mall site

Bank of America Regency Square 2 ftd

A banking giant shut down its branch at the struggling Regency Square mall as the property awaits an overhaul under new owners.

Bank taps new regional president

Hodges Cecilia MT ftd

One of the largest banks with local operations has picked a successor to its longtime Richmond regional president, who retired last week after 42 years in the industry.

Longtime investment banker launches new venture

Jim Young RTK Capital ftd

Just months after stepping down from the investment banking firm he helped start, Jeff Moore is putting his experience – and personal funds – into a new private equity company.

Bank to vacate downtown building

MiddleburgVault ftd

A trust company and bank are leaving behind their 100-year-old downtown building for more space in the suburbs – leaving the Main Street office and branch up for grabs.

Bank grabs HQ space in new tower

Gateway Plaza TowneBank ftd

The newest bank in Richmond is making a big entrance into the downtown market with a deal for 26,000 square feet and its logo atop the city’s upcoming 18-story office tower.

Former bank CFO indicted for embezzlement

mckenney branch

A former executive of a small local bank is facing prison time on charges that he skimmed money from bank credit cards over the course of several years as CFO.

Bank boosts presence with new branch

First Tennessee Bank Reynolds Crossing ftd e1494275952118

After keeping a fairly low profile since its arrival in the Richmond market, a Tennessee bank is pushing for more prominence with the launch of its West Broad Street branch.