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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

Mumbai set to remember legendary painter Raja Ravi Varma

Neville Tuli, founder and chairman of the Osian's Group, is scheduled to talk on the "Potential ... author of 'Raja Ravi Varma: Painter of Colonial India' highlighting the 'Influence of Raja Ravi Varma on the Indian fine and popular arts and modernism ...
Posted: September 30, 2014, 3:17 am

Berkshire Theatre Group: Made in the Berkshires lineup set

PITTSFIELD -- Berkshire Theatre Group’s fourth annual Made in the Berkshires 2014 is scheduled for Columbus Day weekend -- Oct. 10, 11 and 12 -- at the Colonial Theatre in Pittsfield, and the Unicorn Theatre in Stockbridge. The celebration kicks off at 6 ...
Posted: September 17, 2014, 9:13 pm

Colonial Group buys North Carolina chemical company

Colonial Chemical Solutions Inc., a subsidiary of Savannah-based Colonial Group Inc., has bought Acme Southern Inc. based in Pineville, N.C. Robert H. Demere Jr., president of Colonial Group, said the acquisition of Acme represents an important milestone ...
Posted: September 17, 2014, 7:58 pm

Best Affirms Colonial Group and Subs Ratings; Outlook Stable

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. The outlook for all ...
Posted: September 28, 2012, 3:57 am

Hong Kong’s Pro-Democracy Protesters Up Ante on Eve of China’s National Day

Since British colonial rule ended in 1997 ... ending their naps and putting packages of crackers aside. One group of students popped their laptops closed and put away the schoolwork they’d brought out. The protests, which began with a student class ...
Posted: September 30, 2014, 6:23 am
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