Reuters reports that the Federal Deposit Insurance Corporation (FDIC) will take Colonial Bank Group into receivership and sell the bank’s assets to BB&T Corp. This would be the largest bank failure ...

WASHINGTON, March 2 (Reuters) - A former Colonial Bank executive pleaded guilty on Wednesday for her role in covering up one of the largest frauds stemming from the recent mortgage crisis, which ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The bankruptcy of Colonial Bank was the largest bank-bankruptcy in the U.S. since several large, U.S. financial ...

WASHINGTON — Regulators on Friday shut down Colonial BancGroup Inc., a big lender in real estate development that buckled under the collapse of the market. It was the biggest U.S. bank to fail this ...

CHERRY HILL, N.J. — 1st Colonial Community Bank, which has a branch location in Limerick, has amended its overdraft and non-sufficient funds practices for business and consumer accounts. The New ...