One local bank continued to climb its way out of the doldrums, according to ratings released this month, while another fell further.
Bank of Virginia
More hotel purchases from an Apple REIT this week. Plus, more detail on the departure of a local bank’s CFO.
Departures in banking this week. Hirings in law, technology, marketing and elsewhere. Plus a new assistant coach and a new rabbi at local universities.
Apple REIT Ten’s hotel-buying streak shows no signs of slowing down, and a local bank’s CFO will step down in August.
A controversial local coal company is facing a class-action suit that aims to block it from being acquired by a competitor. Plus, a new top executive is hired by a local bank.
The Midlothian-based bank isn’t wasting any time in trimming a bit of fat.
It’s official – there is now a handful of struggling local banks under regulatory written agreements.
Jack Zoeller spoke with BizSense during his first of couple days at his new job as CEO of Bank of Virginia.
Bank of Virginia finally gets the cash it has been waiting for, and with the funds come some leadership changes.
Richmond is home to three of the four lowest-rated banks in the state, according to ratings released last week.