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BB&T Scott & Stringfellow discusses expansion plans
After starting two Florida offices in the past six months, brokerage plans to open office near Baltimore later this year and is considering sites in three other states.
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Other News
Richmond executive named president of investment bank Sterne, Agee & Leach
Citizens Community Bank elects new chairman
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Cadmus Credit Union in Richmond affiliates with free ATM network
December 12, 2011 4:25 PM
Cadmus Credit Union in Richmond has joined the nation’s largest credit union-owned, fee-free, ATM and point-of-sale network.
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Borrowers overwhelmingly choose fixed-rate mortgages
November 16, 2011 3:56 PM
In the third quarter of 2011, fixed-rate loans accounted for more than 95 percent of refinance loans, according to Freddie Mac.
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Banking company defers TARP dividend
November 15, 2011 5:49 AM
The unpaid November dividend marks the sixth time the banking company has deferred payment owed to the government
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City Holding Co. to acquire Virginia Savings Bancorp
November 14, 2011 3:34 PM
City Holding Co. of West Virginia has signed a definitive merger agreement to acquire Virginia Savings Bancorp Inc.
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Companies acquired and merged in management buyout
November 03, 2011 4:20 AM
The new owners of combined company, Colortree Group Inc.,are Pat Patterson, its CEO and president, and Boathouse Capital.
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Mortgage rates fall below 4 percent
October 06, 2011 3:53 PM
The average 30-year, fixed-rate mortgage fell below 4 percent for the first time in history. The 15-year, fixed-rate loan also fell to its lowest point.
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Alabama financial firm plans to acquire Anderson & Strudwick
October 05, 2011 2:20 PM
Sterne Agee plans to use the acquisition to expand its wealth management business in the eastern U.S. through Anderson & Strudwick’s network of offices
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Deadline set for nonprofits to apply for disaster loans
September 30, 2011 4:59 PM
SBA expands list of disaster declaration localities for private nonprofits affected by Hurricane Irene
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Searching for clarity
September 29, 2011 6:00 AM
Recent stock market volatility has reminded investors of a time that they would rather forget — the 2008-09 financial crisis that caused stock prices to fall by more than 50 percent.
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Regulators close Bank of the Commonwealth
September 26, 2011 4:27 AM
Norfolk-based bank is the second to fail in Virginia this year.
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