Banking

After decades of representing banks from the outside, George Whitley has crossed over.

The local banking industry ended 2016 the same way it began the year: in deal-making mode.

A local company is looking to gather another nine-figure fund aimed at betting on small businesses.

The share prices of locally-based and regional community banks with a sizable presence in the Richmond market are up an average of nearly 18 percent in the weeks since the election.

For the second time in less than two months, an effort to impede the $2.7 billion acquisition of the Henrico County-based insurance giant has quietly faded away.

Another Richmond-area bank has hitched onto the M&A train with a $178 million deal announced Tuesday.

One of Richmond’s largest financial institutions is spreading out in Chesterfield and building from scratch a new branch and office for its growing real estate brokerage arm.

The local bank is feeling extra flush after successfully completing its first capital raise since 2009.

A local bank’s steady stream of branch expansion this time will take it about two hours west of Richmond.

One of Richmond’s biggest banks is looking to pad its coffers with its first capital raise since 2009.