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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

Farrow to be Colonial Group’s next CEO

Naz Farrow will be the next chief executive officer of Colonial Group International. She has been appointed designate CEO, effective from Thursday, and will become CEO in mid-2018 when Alan Peacock retires. Ms Farrow is currently chief operating officer ...
Posted: May 30, 2017, 8:56 am

Best Affirms Colonial Group Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) of the Bermuda-based Colonial Group and its group-rated members. Best also affirmed the stand-alone FSRs of “A-” (Excellent) of the Security & General Insurance ...
Posted: December 5, 2006, 4:00 pm

Colonial Gas Pipeline May Reopen Saturday After Fatal Alabama Explosion

Ryan Chandler, vice president at Colonial Group, which is not connected to Colonial Pipeline, said he has been fielding calls from the pipeline's customers seeking access to its Charleston and Savannah marine terminals. Chandler's company manages three ...
Posted: November 2, 2016, 2:13 am

Enova announces Port Agreement with Colonial Group

ATLANTA, Dec. 10, 2012 /PRNewswire/ -- Enova Wood Pellet Group, LLC, a subsidiary of Enova Energy Group, LLC, has entered into a long term port agreement with Georgia Kaolin Terminals, Inc. (GKT) a subsidiary of Colonial Group, Inc. The agreement ...
Posted: December 10, 2012, 8:06 am

Wine calendar: Champagne at Ruth's Chris, Sake at Trentina, Colonial Wine tastings, plus many others

Friday, Aug. 18: Red Restaurant Group's sommelier Stephanie Pack has crafted a "Did ... The institute is at 12304 Mudbrook Road, Milan. Friday Aug. 25: Colonial Wine & Beverage will hold a Domaine de la Terre Rouge Wine Dinner 7-9:30 p.m. The winery's ...
Posted: August 15, 2017, 6:22 am
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