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The Federal Deposit Insurance Corp. says it has sold failed southern U.S. bank Colonial BancGroup Inc.
A federal judge has ordered a freeze of $1 billion of assets of southern U.S. bank Colonial BancGroup, which reports said would soon be bought by BB&T. The bank would be the largest to fail this year and the sixth-largest bank failure in U.S.
Banks in Missouri and Nevada have been closed by regulators, marking the 24th and 25th U.S. banks to fail so far in 2009, officials said. The Federal Deposit Insurance Corp.
- In medieval musical notation, a sign or neume denoting a shake or trill.