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Longtime local banker, restaurateur passes away

Longtime local banker, restaurateur passes away

Michael Schwartz March 27, 2014 1

It only took one steak to convince Claiborne Thomasson to make the leap from a career in banking to the restaurant world.

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Trading Day: Local SEC filings for 3.27.14

Trading Day: Local SEC filings for 3.27.14

Michael Schwartz March 27, 2014 0

A local bank director leaves his post. A struggling local firm's dwindling stock price is causing it some problems. And an executive picks up a big chunk of stock.

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DealFlow: M&A roundup for 3.26.14

DealFlow: M&A roundup for 3.26.14

Michael Schwartz March 26, 2014 0

A busy month of big deals for local investment banking firms. Plus local deals in tech, banking, healthcare and more.

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Downtown firm not immune to buyout offer

Downtown firm not immune to buyout offer

Michael Schwartz March 25, 2014 0

While searching for a way to step back from the day-to-day, the owner of a local biotech firm found his answer on the Southside.

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Media General’s TV-station spree continues with $1.6B deal

Media General’s TV-station spree continues with $1.6B deal

Michael Schwartz March 24, 2014 0

The downtown-based TV-station operator on Friday announced it will pay $1.6 billion to acquire LIN Media in a massive deal that will create a colossal firm owning 74 TV stations in 46 markets

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Bank reaches for another zenith

Bank reaches for another zenith

Michael Schwartz March 24, 2014 1

A Richmond-based business bank announced a deal last week to buy a Gloucester-based bank with aspirations to expand deeper into Hampton Roads

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Former Hooters owner in legal faceoff with local lender

Former Hooters owner in legal faceoff with local lender

Michael Schwartz March 20, 2014 0

A Midlothian bank claims a bankrupt local businessman lied about his assets and wants a court’s help to get back at least some of what it loaned

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Dark days fade into rear view mirror for local banks

Dark days fade into rear view mirror for local banks

Michael Schwartz March 19, 2014 1

Twelve of the 14 local banks saw their nonperforming asset levels drop in 2013 compared to the previous year. And bankers say loan demand is creeping back.

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Banking on four quarters of profitability

Banking on four quarters of profitability

Michael Schwartz March 17, 2014 0

A Midlothian-based bank hit a milestone of profitability last year

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