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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

Colonial Heights Dental Group is ready for the next 30 years

Colonial Heights Dental Group recently announced the upcoming retirement of Dr. William "Bill" Shepherd from the practice of dentistry and the addition of Dr. Trevor Lawson. Dr. Shepherd has been serving our community's dental needs for 30 years and will ...
Posted: March 31, 2014, 5:09 am

Dubai group makes Colonial offer

Investment Corporation of Dubai on Wednesday made a non-binding offer for Inmobiliaria Colonial that valued the troubled Spanish real estate group at just below €3bn ($4.5bn). Less than a year ago, Colonial’s market capitalisation was €9.5bn, but the ...
Posted: February 27, 2008, 4:00 pm

Duo has led Sterling resurgence

When Davon Tucker and J.T. Thompson walked into Sterling High School as freshmen, the Silver Knights football program wasn't a Colonial Conference championship contender. They weren't a threat in South Jersey Group 2, either. Sterling, in the three years ...
Posted: September 1, 2014, 1:54 am

Colonial Group up for sale

Savannah-based Colonial Group Inc. this year began testing the waters for a possible sale, attracting significant interest and a number of inquiries from both domestic and offshore buyers. "We've had some reasonably attractive numbers pop up," said Rob ...
Posted: December 28, 2007, 4:00 pm

A.M. Best Affirms Colonial Group Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the life/health and property/casualty operating subsidiaries of Colonial Group International Limited (Colonial Group).
Posted: September 30, 2012, 5:00 pm
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