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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 Zone redo buzzes at a US$200.0M pace

Amonginvestments in lodging and recreation figure Casa Colonial Rogers, Casa del Tapao, Billini Hotel, Hotel Casa Velázquez and Hotel Casas del Siglo XVI, of Vicini Group, set in 20 colonial buildings that operate under the multi-location hotel concept.
Posted: December 15, 2014, 12:00 am

Colonial Williamsburg, Preservation Virginia End Jamestown Partnership

In a news release from Preservation Virginia, the group’s executive director, Elizabeth Kostelny, and Colonial Williamsburg Foundation President and CEO Mitchell B. Reiss left the door open to future collaboration. In the meantime, a new foundation will ...
Posted: December 11, 2014, 3:47 am

In Myanmar, Racing to Save a Colonial Past in Decay

The group objected to plans for a major new building of more than ... The distinctive charm of the teetering colonial-era buildings lies in the street life around them: the bookstalls along Pansodan Street with paperbacks laid out on the sidewalk and ...
Posted: December 13, 2014, 9:02 pm

Presidium Group adds to Houston apartment portfolio

Dallas-based Presidium Group has acquired two apartment complexes in the Galleria area: the 381-unit 3737 Hillcroft Apartments and the 112-unit Colonial Woods apartments at 6333 Windswept. “These two acquisitions represent a unique opportunity to acquire ...
Posted: December 18, 2014, 1:39 pm

CVC BOYS BASKETBALL PREVIEW: Trenton, Notre Dame remain strong in Colonial

The Colonial Valley Conference’s Colonial Division may have a slightly new look this season, but it does not figure to change the look at the top. Group IV state finalist Trenton and Notre Dame remain the cream of the crop in the Colonial with West ...
Posted: December 18, 2014, 8:14 pm
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