A two-year old Richmond bank is the first of its local peers to tap into a government small-business lending program.
Gaylon Layfield
A divorcee’s default and a bank’s demise
Bankrupt socialite Patricia Kluge’s financial collapse has spread to Richmond.
Xenith Bank’s growth spurt
The Richmond-based bank began last week with about $288 million in assets. Then it went on a buying binge, closing two acquisitions Friday.
Banking’s new world order
Despite some advantages, Richmond-based Xenith Bank isn’t tying itself to any outdated promises of profitability.
Xenith Bank merges with Suffolk-based First Bankshares
First Bankshares, Inc. and Xenith Corporation today announced their intention to merge. Upon closing of the merger, the combined organizations will operate as a one-bank holding company under the name Xenith Bankshares, Inc. (“Xenith Bankshares”).
Q&A: Who would start a bank in this economy?
There’s a new kid on the banking block. Xenith Bank, currently in organization, recently moved into their new office headquarters downtown. The bank will focus on small- and medium-size business. BizSense sat down with Chief Executive and President T. Gaylon Layfield to talk about the plans for the bank and the issues facing the banking… Read more »