Banking

On to Richmond

One of the biggest banks in the state has been quietly increasing its presence in Richmond and has plans for taking market share.

Another shoe drops at Roseland

The company that owns a majority of the 1,300-acre Roseland development in Chesterfield filed for Chapter 11 bankruptcy protection Friday.

Xenith Bank to buy Paragon branch

Xenith will close Paragon’s Henrico office and is still working out which staff will come onboard.

Bank endures another rough quarter

Already battered and under pressure from regulators to raise capital or find a buyer, Virginia Business Bank continued to struggle in the first three months of the year.

Essex Bank enters agreement with regulators

Written agreements lay out steps banks must take to improve their financial situations. In the case of Essex and CBTC, improvements were aimed at getting a handle on all its problem loans and doing a better job of vetting potential borrowers and identifying potential problem loans in the future.

New bank makes its Richmond premier

Premier Bank has finally arrived in Richmond. And now Darius Johnson has to think twice when he answers the phone.

Bank of Virginia realigns

The Midlothian-based bank isn’t wasting any time in trimming a bit of fat.