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Colonial Group Net Worth is 5.46e $Billion.

Colonial Group Net Worth is 5.46e $Billion. Colonial BancGroup Inc. was a $26 billion bank holding company headquartered in Montgomery, Alabama, USA. Colonial BancGroup, Inc. was a financi Colonial BancGroup Inc. was a $26 billion bank holding company headquartered in Montgomery, Alabama, USA. Colonial BancGroup, Inc. was a financial services company that, through its subsidiaries, provided diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance.
The company ran into problems after it was revealed that it had bought $1 billion in mortgages from Taylor, Bean & Whitaker that Taylor Bean had forged, in one of the biggest fraud cases in history.
The principal activity of the BancGroup was to supervise and coordinate the business of its subsidiaries, and to provide them with capital and services. The BancGroup derived substantially all of its income from dividends received from Colonial Bank, it's banking subsidiary. The BancGroup's subsidiary Colonial Brokerage, Inc. provided full service and discount brokerage services and investment advice. The BancGroup had interests in several residential...
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Colonial Group Latest News

Spain's Colonial reports €559m first half net after recapitalisation

Spain's listed property group Colonial reported net attributable profit of €559m for the first half, reversing a loss of €308m in 1H13 due mainly to its recapitalisation in spring, including the extraordinary positive impact of deconsolidating its ...
Posted: July 31, 2014, 7:04 am

Realty Pilot Forges Strategic Relationship with NoteSchool and Colonial Funding Group

Realty Pilot, LLC, a 7-year-old company that develops enterprise software and data analytics to manage assets in the Real Estate Industry, is announcing a strategic relationship with NoteSchool and Colonial Funding Group, a real estate note investment firm ...
Posted: July 24, 2014, 12:58 pm

Colonial of Spain Bids for Rival Realia Business’s Unit

Colonial’s offer for Realia Patrimonio is subject to conditions ... according to the website. The Bankia Group owns 25 percent of Realia Business and Fomento de de Construcciones & Contratas SA has about 37 percent. Both shareholders are seeking to ...
Posted: July 25, 2014, 10:24 am

Dining news: Le Colonial special; Taste of Latin America

Every Wednesday, French-Vietnamese restaurant Le Colonial, 937 N. Rush St., offers a chef-selected ... The 3,000 square foot restaurant comes from the same hospitality group who opened Takito Kitchen in Wicker Park in March 2013. In the warmer months ...
Posted: July 30, 2014, 7:51 pm

Rusty Owens and his Colonial Clippers swimmers finish off another perfect summer season

She concluded the speech with the following passage: It is because of Rusty Owens that I stand here now, finishing out my eleven-year career as a Colonial swimmer and my fourteen-year career as an age-group swimmer, looking with anticipation toward a ...
Posted: July 18, 2014, 10:35 am
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