Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

DealFlow: M&A roundup for 5.21.14

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Another busy month of deals with hundreds of millions closed by a local firm, two deals from Dominion Partners, a Southside publishing company changes hands, and more.

Debt dispute hits shell of former downtown firm

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In a last ditch effort to collect on an unpaid loan, a local investment banker is trying to force the remnants of a longtime Richmond financial firm into bankruptcy.

A $2.3M weight lifted

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Another local bank has cast off the last of its TARP baggage.

So long, StellarOne

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Union First Market Bank has fully integrated StellarOne, including doing away with the seven-year-old StellarOne name.

Local credit unions unite

Genworth headquarters

Two Richmond credit unions joined forces last week in a merger that will add $18 million in assets to the surviving institution and give it a presence on both sides of the James River as it looks to expand.

Trading Day: Local SEC filings for 5.1.14

A downtown firm said it is cutting 45 jobs, including two of its higher level executives. First quarter dividend season begins and Richmond’s king of tobacco finishes off an e-cigarette-related acquisition.

Look for the Union label – on a bank

Union First Market Bank headquarters

Richmond’s biggest bank borrows from the past as it streamlines the name of its Union Bankshares holding company and plans to rebrand itself.