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Banking | Finance 2025: NOEL, TYRONE
Noel became president of Bank of America’s Hampton Roads market in 2023. In this role, Noel leads 500 employees across eight business lines. Additionally, Noel continues to serve as Merrill Wealth Management market executive for Greater Virginia, a role he’s also held since 2023. Noel joined Merrill, Bank of America’s investment and wealth management division, […]
Banking | Finance 2025: ROBBINS, KEVIN
When considering whether to invest, Robbins takes a long look at the entrepreneur behind the venture. “We have to get the read right on partnering with exceptional founders who want to get better and who will welcome our advice, counsel and experience,” he says. Robbins has had a while to figure out this recipe for […]
Banking | Finance 2025: SMITH, GREGORY S.
An Arizona native, Smith moved to Virginia in 1994. After completing a master’s degree in psychology at George Mason University, he earned a certificate in financial planning from the Florida Institute of Technology’s Virginia campus. Later, he received a master’s degree from the College for Financial Planning. Smith put together the Wise Investor Group’s financial [&hellip[...]
Banking | Finance 2025: JOHNSON, JERMAINE
Johnson leads operations in Virginia and the Washington, D.C., metro area for Pittsburgh-based PNC Financial Services Group, one of the nation’s 10 largest banks, with assets of about $554.7 billion. In May, Johnson, who joined PNC in 2005 as a vice president, joined in a celebration marking the 20th anniversary of the Fortune 500 bank […]
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
TowneBank to close on $203M Old Point deal Sept. 1
TowneBank will acquire Old Point Financial in a $203M deal closing Sept. 1, expanding its market share in Hampton Roads
Atlantic Union to expand Henrico office, add 50 jobs
Atlantic Union Bank is investing $5.1 million to upgrade its corporate offices in Henrico County to accommodate growth, the bank announced this week.
USAA to expand in Chesapeake, add 500+ jobs
USAA announced Thursday that it has purchased a larger office space in Chesapeake and that it will add more than 500 employees.
Atlantic Union CFO announces retirement
Richmond-based Atlantic Union Bankshares announced Thursday that executive vice president and chief financial officer Robert M. Gorman plans to retire on or before March 31, 2026.
Capital One proposes $425M lawsuit settlement
On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the agreement is approved by a federal judge, Capital One will pay $425 million to plaintiffs.
Farm Credit of Virginias CEO to retire
Brad Cornelius will retire in late 2025 after leading Farm Credit of the Virginias for five years. He grew the cooperative's loan portfolio to $2.3B and 12,500 customer-owners.
Atlantic Union: Q1 Earnings Snapshot
Atlantic Union Bankshares Corporation (AUB) reported first-quarter profit of $49.8 million.
