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Money

Jan 16, 2014

Four Virginia companies make Fortune list of top employers

CarMax, Mars and Capital One move up in ranking while Navy Federal Credit Union falls.

Jan 9, 2014

Parent company of Essex Bank reincorporates

Community Bankers Trust now is governed by Virginia’s laws instead of Delaware’s.

Jan 8, 2014

Botetourt County bonds get an upgrade

Standard and Poor’s raises rating from AA- to AA+.

Jan 6, 2014

Cardinal Financial Corp. gets regulatory approvals for Business Bank acquisition

Company plans to close on $51.7 million deal by Jan. 15.

Jan 6, 2014

Union First Market Bankshares buys a 20 percent stake in The Payments Co.

Richmond-based TPC provides electronic payments to vendors.

Dec 9, 2013

Cary Street Partners LLC acquires Texas wealth management firm

RiverStone deal is part of Richmond company’s growth strategy.

Nov 21, 2013

Capital One honored by National Gay & Lesbian Chamber of Commerce

Company named Corporation of the Year for supplier diversity

Nov 21, 2013

Mortgage rates fall on weak economic news

Mortgage rates fell this week on reports of weak manufacturing growth and declines in the consumer price index and inflation, according to McLean-based Freddie Mac.

Nov 14, 2013

Private equity firm to acquire Wealthcare Capital Management

Founder David B. Loeper, the company’s chairman and CEO, to retire.

Nov 14, 2013

John Marshall Bank raises $32.4 million in public offering

Reston-based financial institution is selling 2.4 million shares at $13.50 a share.

Oct 30, 2013

Firing Fannie and Freddie

Five years ago, the U.S. government took over the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. in a $175 billion bailout during the height of the financial crisis. Now, “Fannie Mae” and “Freddie Mac,” as they’re known, respectively, are back in the black.

Oct 23, 2013

Charter One bank expands home lending business to Virginia

Services will be offered at new office in Glen Allen.

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