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Trip to the beach sparks Richmond merger

Trip to the beach sparks Richmond merger

Michael Schwartz August 13, 2014 0

A chance encounter helped kindle the deal between a downtown financial firm and a buyer in North Carolina

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Trading Day: Local SEC filings for 8.14.14

Trading Day: Local SEC filings for 8.14.14

Michael Schwartz August 13, 2014 0

The COO of a local company resigns. A downtown Fortune 500 loses a director. And a local bank director gives a gift of shares to a Virginia university.

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Another out-of-town bank is hot for Richmond

Another out-of-town bank is hot for Richmond

Michael Schwartz August 12, 2014 0

Chesapeake-based Monarch Bank is expanding in Richmond with the addition of a commercial lending veteran, demonstrating banks' continued hunger for Richmond revenue.

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Law firms swarm big Richmond mergers

Law firms swarm big Richmond mergers

Michael Schwartz August 10, 2014 0

Acquisitions in the works by a local bank and Fortune 500 company are being targeted by class action law firms from around the country, seeking to block the deals or force settlements

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Local firm buys The (other) Martin Agency

Local firm buys The (other) Martin Agency

Michael Schwartz August 7, 2014 0

Keeping up its fast-paced buying schedule, the Hilb Group has closed a deal to buy The Martin Agency, an insurance agency that operates in Kentucky and Florida.

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Trading Day: SEC filings for 8.7.14

Trading Day: SEC filings for 8.7.14

Michael Schwartz August 7, 2014 0

A Midlothian bank decides on a reverse stock split. And a local CFO exercises some stock options in an otherwise quiet summer week for filings.

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Credit union reaches for more members, new offices

Credit union reaches for more members, new offices

Michael Schwartz August 5, 2014 0

Call Federal Credit Union has been approved for an expanded community charter that it plans to use to reach more potential members around the region and open five new offices.

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Richmond CEO, two firms ordered to pay $70M for fraud

Richmond CEO, two firms ordered to pay $70M for fraud

Michael Schwartz August 4, 2014 0

More than three years after being accused by the SEC of running a multi-state Ponzi scheme, a Richmond businessman and two of his financial firms were ordered on Friday to pay a massive fine.

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Trading Day: Local SEC filings for 7.31.14

Trading Day: Local SEC filings for 7.31.14

Michael Schwartz July 31, 2014 0

A new chief executive for a local Fortune 500. Another local CEO adds the title of chairman to his resume. And a Richmond firm breaks ground on a new facility in Singapore.

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