Bankers, CPAs stand by for potential $300B PPP round
Congress could pass a third round of the U.S. Small Business Administration’s Paycheck Protection Program funding just in time for the holidays. A bipartisan group of U.S. senators on Monday
Matrix Capital Markets Group hires Amanda Verner Thompson and Vasanta B. Pundarika
Richmond-based investment bank Matrix Capital Markets Group Inc. announced Wednesday it has established the Matrix Healthcare Banking Group, which will focus on health care subsectors. The industry group will be
Richard D. “Rick” Pillow will leave after dedicating 40 years to the credit union system
The Virginia Credit Union League (VCUL) announced Wednesday that its longtime president, Richard D. “Rick” Pillow, will retire on June 30, 2021, after dedicating 40 years to the credit union
Banking | Financial Planning | Venture Capital | Investments
JOHN ASBURY PRESIDENT AND CEO, ATLANTIC UNION BANKSHARES, RICHMOND A Radford native, Asbury transitioned from a career with large financial institutions to help build a regional bank. After successful mergers
Transaction first announced in February, expected to close Q4
Arlington-based online brokerage E-Trade Financial Corp. announced that on Monday more than 99% of its stockholders approved its $13 billion acquisition by Morgan Stanley, which was first announced in February.
Chris Lown was previously CFO at Navient Corp.
Tysons-based Freddie Mac announced that Christian M. Lown will become the Fortune 500 company’s executive vice president and chief financial officer, effective June 15. Previously the executive vice president and
Folio Financial Inc. announced the plans for acquisition Tuesday
McLean-based online financial services company Folio Financial Inc. announced Tuesday it will be acquired by New York City-based The Goldman Sachs Group Inc. Both companies provide investment management, asset management
E-Trade had the second highest amount of deposits in Virginia as of June 30.
New York City-based wealth management company Morgan Stanley will acquire Arlington-based E-Trade Financial Corp. under a $13 billion definitive agreement expected to close in the fourth quarter of this year,
An estimated 12 million Americans take out payday loans each year.
RICHMOND, Va. — Del. Mark Levine recalls receiving a $1,000 loan offer from a company with a 299% interest rate buried deep in the fine print. “As the company compounds
Jason Berland previously worked for Fishtech Group
McLean-based finance and technology advisory firm MorganFranklin Consulting LLC named Jason Berland as the managing director of its identity and access management (IAM) service offering, the company announced Monday. Identity