News tagged with “washington mutual”. Found:
32 tagged news reports.
Your Search Returned 32 tagged news reports
Bank slugfest looms with giants’ arrival
Atlanta :: GA :: USA | 3 months ago
Credibility
Both banks are entering the market through acquisitions made during last fall’s financial crisis. Chase took over troubled Washington Mutual, which had a small footprint in Atlanta, while Wells Fargo absorbed the area’s No...With their arrival, six of...
Tags: Washington Mutual, Atlanta
WaMu asks bankruptcy court to rule on dispute with JPMorgan
Wilmington :: NC :: USA | 5 months ago
Credibility Washington Mutual Bank was closed by the U.S. government in September, in one of the largest bank failures in U.S. history. Its banking assets were sold the same day to JPMorgan for $1.9 billion, and the parent holding company filed for bankruptcy protection...
Tags: Washington Mutual
Washington Mutual sues FDIC for over $13 billion
Seattle :: WA :: USA | 7 months ago
Credibility January 23 made a "cryptic disallowance" of its claims, prompting the lawsuit...JPMorgan did not buy the parent holding company, which filed for Chapter 11 bankruptcy protection the following day. In its complaint, Washington Mutual seeks to recover as...
Tags: holding company, Washington Mutual
Chase not assuming WaMu lease with SAM
Sam :: Burkina Faso | 9 months ago
Credibility organ Chase and the Seattle Art Museum announced today the bank will not be assuming Washington Mutual's lease for about 240,000 square feet of office space it leases from the museum in downtown Seattle. That means the museum will have to find a new tenant...
Tags: Washington Mutual, news, Seattle Art Museum
Wash. state closes bank in Clark County
Vancouver :: WA :: USA | 9 months ago
Credibility The Washington state Department of Financial Institutions has closed the Vancouver-based Bank of Clark County because of inadequate capital and liquidity...The Federal Deposit Insurance Corp. became the bank's receiver. The bank will reopen on Tuesday...
Tags: Bank of Clark County, deposit insured, Federal Deposit Insurance Corp., insured corp, Washington Mutual, umpqua banks, inadequate capital, Umpqua Bank, regulators close, based banks
Judge denies request for Wamu confidentiality
Wilmington :: NC :: USA | 10 months ago
Credibility The judge agreed with McMahon, adding that the court could not approve the sales without knowing the purchase price. In a separate order, Walrath denied a motion by attorneys for WaMu shareholders to be allowed to proceed with derivative lawsuits in federal...
JPMorgan retains WaMu branch staff, cuts office jobs (Reuters)
Mumbai :: India | 11 months ago
Credibility in September, said on Friday it would retain most of the giant thrift's branch banking staff, but planned substantial job cuts at its former headquarters and elsewhere. JPMorgan expects to retain 9,000 employees who worked at Washington Mutual (WaMu)...
Tags: Washington Mutual
WaMu swap sellers may sidestep big loss
Atlanta :: GA :: USA | about 1 year ago
Credibility Investors who wagered that Washington Mutual would mange to survive the latest market turmoil may not have to pay as dearly as some had feared. Based on preliminary results of an auction held Thursday, investors who sold default protection on the now-defunct...
Tags: lehman brothers, lehman, wamu, Washington Mutual
JPMorgan Chase posts sharp profit drop
New York City :: NY :: USA | about 1 year ago
Credibility rgan reported net profit of $US527 million ($A754 million) in the July-August period, down from $US3.4 billion ($A4.9 billion) a year ago, as the Wall Street bank wrote down some $US3.6 billion ($A5.2 billion) dollars in soured mortgage-related assets.
Tags: bank, credit, economy, Washington Mutual, sec, Chase & Co., rgan chase, quarters profits, jpmorgan chase, net income
Can You Draw Money Out of Your Bank Right Now?
People across the country are reporting problems drawing money out from their banks as fears abound on main street that consumer banks are going to be the next wave of casualties in the Wall Street meltdown. The website dailypaul.com, run by Ron Paul...
Tags: Financial Meltdown, Washington Mutual, US Bank, Bank of America
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