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SHOPPING SUPER MALL decelerate whorls: intensified hinges Ex-Parent of Colonial Bank Sues BB&T for Return of $300 Million PwC to pay $335 million over failed audits of Alabama’s Colonial Bank: U.S. regulator Reuters – 15 Mar 2019 20:01 A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle.
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Ex-Parent of Colonial Bank Sues BB&T for Return of $300 Million Colonial BancGroup Inc. is suing BB&T Corp., which took over Colonial Bank after it was seized by regulators, to recover some $300 million in preferred stock in a real estate investment trust that it says was wrongly transferred BB&T, Dow Jones Daily Bankruptcy Review reported today.
The suit at issue grew from the 2009 collapse of Montgomery, alabama-based colonial bank, which had invested roughly $300 million in nine residential mortgage. Colonial Bank was sold to Branch.
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