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Bank downsizes and tweaks its vision

Bank downsizes and tweaks its vision

Michael Schwartz February 13, 2014 2

In the midst of a regime change and still working to ditch baggage from the recession, a Midlothian bank last week unveiled a plan it hopes will get regulators off its back and put

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2 years after local push, bank pulls back

2 years after local push, bank pulls back

Michael Schwartz February 6, 2014 0

An out-of-town bank that made a major push into Richmond less than two years ago is shutting down two of its local branches.

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Local financial firm opens office in N.C.

Local financial firm opens office in N.C.

Michael Schwartz January 30, 2014 1

Continuing its expansion streak, a Glen Allen financial firm has spread out to the Tar Heel State

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Bank cuts more than 100 local workers

Bank cuts more than 100 local workers

Brandy Brubaker January 24, 2014 0

Bank of America is laying off 103 local workers, the bank said Thursday

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Bank is left with a high-dollar whodunit

Bank is left with a high-dollar whodunit

Michael Schwartz January 17, 2014 0

Although it managed to work a deal to avoid a dividend rate hike on its former TARP shares, a local bank wasn’t able to solve an 18-month-old mystery

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Wisconsin bank pours into local market

Wisconsin bank pours into local market

Michael Schwartz January 9, 2014 0

Another out-of-town bank has made 2014 the year for expansion into Richmond.

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N.C. bank plants its flag in Richmond

N.C. bank plants its flag in Richmond

Michael Schwartz January 7, 2014 0

Armed with an experienced team lured from a local competitor, a North Carolina-based bank is making its first push into Richmond

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Union seals deal to become $7 billion bank

Union seals deal to become $7 billion bank

Michael Schwartz January 3, 2014 1

The new year is starting out with a bang for the local banking industry.

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In 2013, Richmond banked on the future

In 2013, Richmond banked on the future

Michael Schwartz December 26, 2013 0

A couple of major deals made big news in the local banking scene this year, and several banks saw their fortunes improve.

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Firm gives bank third star in three years

Firm gives bank third star in three years

Michael Schwartz December 18, 2013 0

Continuing its comeback streak, a local bank that was once among the lowest rated financial institutions in the state has taken another step up.

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