Kelsey A. Bagot starts first six-year term
Virginia Business » Banking/Finances
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8h ago
Attorney Kelsey A. Bagot was sworn in Monday as the newest judge on the Virginia State Corporation Commission, filling its three-commissioner bench for the first time since March 2022. The ..read more
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Employment, prices grow; manufacturing, port activity down
Virginia Business » Banking/Finances
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8h ago
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest ..read more
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Kris Cravey was CPO at DroneUp
Virginia Business » Banking/Finances
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8h ago
Richmond-based consulting firm Fahrenheit Advisors has added Kris Cravey to its executive ranks. Cravey, formerly chief people officer at Virginia Beach-based DroneUp, will be chief operating officer at Fahrenheit Advisors ..read more
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Lisa Morgan will remain wealth relationship director
Virginia Business » Banking/Finances
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3w ago
Richmond-based Atlantic Union Bank has named Lisa Morgan its new Hampton Roads market president, the Richmond-based bank announced Monday. Morgan will also continue to hold the role of wealth relationship ..read more
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$47M deal combines First Bank, Touchstone Bank
Virginia Business » Banking/Finances
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3w ago
Strasburg-based First National has entered into a definitive merger agreement to acquire Prince George-based Touchstone Bankshares in an all-stock transaction worth approximately $47 million, First National announced Tuesday. The parent ..read more
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Combined bank has $24.3B in total assets
Virginia Business » Banking/Finances
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3w ago
McLean-based Capital One Financial announced plans in February to buy Discover Financial Services for $35.3 billion in an all-stock deal that would mark Capital One’s largest ever acquisition and make ..read more
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Economic activity little changed in recent weeks
Virginia Business » Banking/Finances
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1M ago
Economic activity in the Federal Reserve’s Fifth District was little changed in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released March 6. Published eight times ..read more
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Simon Allen to join Va. Tech from Cornell
Virginia Business » Banking/Finances
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1M ago
Virginia Tech has hired Simon Allen as its chief financial officer and vice president for finance, the university announced Monday. Allen is currently vice president for finance and CFO of ..read more
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Wells Fargo to become county’s largest employer
Virginia Business » Banking/Finances
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1M ago
When Roanoke County economic development officials pitched Wells Fargo on expanding its customer support center operation in the county, they emphasized how well they’d taken care of the nation’s fourth-largest ..read more
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COO Kuhlmann will be new CEO starting March 1
Virginia Business » Banking/Finances
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1M ago
Mary McDuffie, president and CEO of Vienna-based Navy Federal Credit Union, the nation’s largest credit union with $168.4 billion in assets and more than 13 million members, is retiring as ..read more
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