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Regulators Close Colonial Bank; Assets Sold to BB&T

Reuters | 101 days 4 hours 37 minutes ago

NEW YORK (Reuters) - Colonial Bank, of Montgomery Ala., was shuttered on Friday and its assets sold to southeast regional bank BB&T Corp, marking......

Read the complete story at Reuters

Web Buzz:
  • BB&T Set To Take Over Colonial

    Forbes - 101 days 13 hours 11 minutes ago

    Colonial Bancgroup is near the end of the road. The troubled Montgomery, Ala., lender, unable to raise capital and facing a federal criminal probe...

  • BB&T Goes Colonial

    Forbes - 101 days 7 hours 12 minutes ago

    Colonial Bancgroup is near the end of the road. The troubled Montgomery, Ala., lender, unable to raise capital and facing a federal criminal probe...

  • Regulators Take Over Colonial BancGroup

    Forbes - 101 days 7 hours 13 minutes ago

    The troubled Colonial BancGroup, unable to raise capital and facing a federal criminal probe of its accounting practices, was closed by regulators...

 

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