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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

Victory theatre's colonial roots leave a taste that lingers

Maybe people are losing interest in films. I had seen larger crowds earlier," he lamented. A group of people, mostly young college students, waited on the portico for their show to start, and they add that Victory theatre is their primary movie destination ...
Posted: August 30, 2016, 2:49 am

Colonial Group Pledges Support For Earth Hour

The Colonial Group will turn off all its lights for an hour at its Reid Street offices in the run-up to Earth Hour on Saturday, March 29. Colonial Group CEO Alan Peacock said, “As an insurance firm we are well aware of how changes in the environment can ...
Posted: March 5, 2014, 4:00 pm

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, 10:50 pm

Agents, facing commission cuts, question American Colonial’s solvency

A group representing insurance agents has urged Florida regulators to investigate the solvency of American Colonial Insurance Co., one of the private insurers tapped to take over property coverage from the state’s insurer of last resort. The Professional ...
Posted: August 29, 2016, 4:43 pm

Moravian Academy, Southern Lehigh top Colonial League field hockey contenders

The perennial question in Colonial League field hockey previews over the years ... W Emme Lentine (21 G). •OUTLOOK: "Had a core group of girls that were very committed during the offseason and it is evident in their play," Kienzle said.
Posted: August 30, 2016, 7:23 am
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