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All assets but only some liabilities (including deposits, covered bonds, and other secured debt) of WaMu Bank were assumed by JPMorgan Chase. [205] Under the deal, JPMorgan Chase acquired all the banking operations of WaMu, including $307 billion in assets and $188 billion in deposits, for a price of $1.9 billion plus debt assumptions. [206]
Following the merger with Chemical, in 1996, the new Chemical bought Chase Manhattan Bank and four years later would merge with J.P. Morgan & Co. to form JPMorgan Chase. Prior to acquisition, the bank was sometimes referred to as "Manny Hanny." [7]
Chevy Chase Bank, F.S.B. was the largest locally based banking company in the Washington Metropolitan Area. [3] It was acquired by Capital One in February 2009, and rebranded as Capital One Bank in September 2010. Despite its name, Chevy Chase Bank was a federally chartered thrift regulated by the Office of Thrift Supervision, rather than a bank.
The company merged with JPMorgan Chase & Co. on July 1, 2004, with its CEO Jamie Dimon taking the lead at the combined company. The company had its headquarters in the Bank One Plaza (now the Chase Tower) in the Chicago Loop in Chicago, Illinois, [1] now the headquarters of Chase's retail banking division.
Bear Stearns' former offices at 383 Madison Avenue. Bear Stearns was founded as an equity trading house on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital (equivalent to $8,941,406 in 2023).
270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper under construction on the East Side of the Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners, the skyscraper is expected to rise 1,388 feet (423 m) when completed in 2025. Photograph of immediate past building.
The JPMorgan Chase Tower, formerly Texas Commerce Tower, is a 305.4-meter (1,002-foot), ... While the tower's name reflects the bank JPMorgan Chase, ...
JPMorgan Chase (since 2008) Providian Financial Corporation was one of the leading credit card issuers in the United States when it was sold to Washington Mutual for approximately US$ 6.5 billion in October 2005.