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Colonial Group
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. (BancGroup) was a financi. Colonial BancGroup Inc. was a $26 billion bank holding company headquartered i...

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

Inmobiliaria Colonial : S&P upgrades the credit rating of Colonial up to BBB with stable outlook

S&P has assessed the positive operating performance of Colonial as well as the improvement of the financial profile of the Group. The key considerations for the credit rating upgrade have been: A prime office portfolio located in the city centers of ...
Posted: April 19, 2017, 10:38 am

Colonial Group, Inc. SWOT Analysis

A company profile of Colonial Group Inc., a privately held company which acts as a holding company for various subsidiaries which provide storage and distribution services for liquid and dry bulk products, including bulk chemicals, motor fuels, industrial ...
Posted: April 16, 2017, 10:35 pm

Colonial deploys AI cyberdefence system

Colonial Group International is the first insurance company in Bermuda to deploy machine learning cyberdefence technology in its network. The artificial intelligence technology comes from British and US-based Darktrace, and detects anomalies in a network ...
Posted: February 1, 2017, 4:10 am

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

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
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