June 23, 2009
First Market Bank, Union Bank and Trust to combine operations
First Market Bank and Union Bank and Trust will combine operations with a new name—rather than operate as separate banks—when their parent companies merge. The initial merger deal between First Market and Union Bankshares Corp. called for First Market to operate as a separate subsidiary under the combined publicly traded firm to be called Union First Market Bankshares Corp.
March 30, 2009
BANKRUPTCY PETITION
The following is a recent business bankruptcy petition filed in U.S. Bankruptcy Court: Case Number: 09-31718 City Limits Construction Co., Richmond City Assets: $510 Liabilities: $39,743 Filing: Chapter 7 (liquidation)
March 25, 2009
Garland Pollard Cox, retired banker, dies at 94
His nickname among his friends was “Senator,“ though the closest thing to political office Garland Pollard Cox held was as governor of the Society of Colonial Wars in Kentucky. He was a nephew of John Garland Pollard, who was governor of Virginia from 1930 to 1934, and a cousin of Fred G. Pollard, lieutenant governor from 1966 to 1970. His father, Millard Fillmore Cox, was a mechanical engineer who designed improvements to locomotives for the Louisville and Nashville Railroad.
December 20, 2008
M&T offers to acquire Provident
M&T Bank Corp., whose second-largest shareholder is billionaire Warren Buffett’s Berkshire Hathaway Inc., said yesterday that it would buy Provident Bankshares Corp. to add deposits in the mid-Atlantic region, including the Richmond area.
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