Armed with a foursome that jumped over from another company, a Richmond-based bank has made its move further into the North Carolina market. Union Bank & Trust announced last week the opening of a commercial loan production office in Charlotte. The move was spurred by the addition of a team of commercial bankers from NewBridge… Read more »
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The Pipeline: Commercial real estate deals for 5.27.16
Some Carytown retail space gets snatched up, Scott’s Addition continues its hot streak, a downtown building sells for $600,000, plus more space for Bon Secours, McKesson and others.
Charity donation startup sold to benefits firm
A company that helped people manage their charitable donations has been sold to another firm, which will weave its services into the employee benefits business.
The R&D Dept.: Local patents for Dec. 2, 2015
New patents in chemical, cybersecurity, athletics, video games, kitchen appliances, event planning and more.
The Pipeline: Commercial real estate roundup for Nov. 13, 2015
Dozens of small commercial leases, including a kickboxing studio, insurance offices, retailers and a sandwich shop, plus 46 acres in Henrico County changes hands.
Startup shuffle in Shockoe Bottom
Amid a transition period, a charity donation startup backed by several big-name investors has vacated its Shockoe Bottom space. But the office was quickly filled by another new company led by the former CEO of Snagajob.
Finance startup raises its own $2.2M in funding
With an investment from three well-known businessmen’s firm in the bag, a firm that facilitates capital raises online is working on its own fundraising efforts.
LandAmerica class-action case settled for $5M
The folded financial firm put an end to a long-standing lawsuit related to the misuse of its pension fund, but the former execs and directors named as defendants escaped unscathed.
Trading Day: Local SEC filings for May 28, 2015
Several local banks paid dividends this week and are rolling out share repurchase programs. Also: Owens & Minor names new CEOand MWV preps for Rock-Tenn merger.
$5M settlement proposed in case against LandAmerica execs
A lengthy legal dispute between former employees and executives of the tanked Richmond financial giant LandAmerica could finally come to a close with a $5 million settlement on the table.