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NEW YORK — JPMorgan Chase & Co. said Monday that it would cut 9,200 jobs at Washington Mutual Bank, which it acquired Sept. 25 after WaMu became the nation’s largest bank to fail amid the ...
Panelists testified on the role of high risk mortgages, focusing on Washington Mutual Bank (WaMu), which was the nation’s largest thrift with… read more Panelists testified on the role of high ...
Silicon Valley Bank collapse leaves start-ups scrambling to pay workers In 2008, Washington Mutual, the country’s largest savings and loans bank at the time, held roughly $309 billion in assets ...
151; -- These are nail-biting times for bank customers. On Thursday, the Federal Deposit Insurance Corp. seized the assets of Washington Mutual, the nation's largest savings and loan, and brokered ...
With encouragement from the Federal Deposit Insurance Corp., failed bank-holding company Washington Mutual Inc. has moved to clamp a lid on charges of misrepresentation aimed at it by bondholders ...
JPMorgan bought Washington Mutual's banking operations in an FDIC-arranged deal at the height of the financial crisis, a little more than a week after Merrill Lynch agreed to sell itself to Bank ...
The government takeover and subsequent acquisition of Washington Mutual in 2008 could serve as a potential blueprint for the future of Silicon Valley Bank. The economic forces behind the two ...
The failure of Seattle's Washington Mutual is the largest bank failure in history. (See "Washington Mutual Bank Best CD Rates with FDIC" for current rates as of 9/23/08.) WaMu was also #14 on ...
And Washington Mutual, facing huge losses from risky mortgage lending and a run by depositors, became the biggest bank failure in U.S. history, taken over against its will by the federal ...
Washington Mutual has been in the vanguard of an industry push to open customer-friendly branches designed more like a Starbucks or a casual retail store than an old-fashioned bank. In 2004 ...
Lawyers handling the disposition of the former holding company of Washington Mutual Bank are suing more than a dozen ex-directors and officers, including ex-Chief Executive Kerry Killinger ...
Now “The Lost Bank: The Story of Washington Mutual — The Biggest Bank Failure in American History,” (Simon & Schuster, 400 pp., $27), a self-assured new book by Kirsten Grind, deserves to be ...