The coupling of regional banks continues, this time in a deal that reaches from the Northern Neck down to the Tri-Cities.
Banking
Matrix taps into Texas
With its eye on deals around the Southwest, a downtown Richmond-based investment banking firm has set up shop in the Lone Star State.
Local firm strikes deal out west
In search of its first acquisition, a West End financial firm landed in a tiny town in the Shenandoah Valley.
Richmond bank investor makes play in Fredericksburg
A veteran Virginia bank investor, who in recent years bought major chunks of at least two Richmond-based institutions, has made a similar move in Fredericksburg.
Class-action law firms swoop in on Genworth deal
Law firms around the country wasted little time in pouncing on the proposed $2.7 billion deal that will put locally based Genworth Financial under ownership of a Chinese conglomerate.
NoVa banking deal causes Richmond ripples
The latest in a wave of Virginia bank mergers will have a trickle-down effect into Richmond.
SunTrust backs out of new downtown tower
Less than a year after announcing its plans to anchor a new tower planned near the downtown riverfront, one of Richmond’s biggest employers has decided to stay put.
Genworth to be sold for $2.7B
The local Fortune 500 company is being taken private and into the arms of a Chinese conglomerate.
Union moving out of soon-to-be Publix stores
A local bank is on the hunt for real estate as a grocery mega-merger is displacing several of its Richmond-area branches.
N.Y. firm seizes on BB&T layoffs for entry into Richmond
It didn’t take long for many recently laid off local BB&T workers to land on their feet.