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The FDIC then sold most of WaMu Bank's assets, including the branch network, to JPMorgan Chase for $1.9 billion. JPMorgan Chase agreed to assume the bank's secured debts and liabilities to depositors. The transaction did not require any FDIC insurance funds. [194] Normally, bank seizures take place after the close of business on Fridays.
The thrift purchased deposits and branches of Columbia Savings and Loan in 1991, Far West Savings and Loan in 1992, Valley Federal S&L in 1992, and Encino Savings Bank in 1994. [8] In 1996, American Savings Bank was purchased by Washington Mutual Bank for $1.2 billion. [2] Washington Mutual failed in 2008 and was acquired by JP Morgan Chase Bank.
The bank merged with Chase National Bank in 1955 to become Chase Manhattan. [41] In 1996, Chase Manhattan was acquired by Chemical Bank, which retained the Chase name, to form what was then the largest bank holding company in the United States. [42] In December 2000, the bank acquired J.P. Morgan & Co. to form JPMorgan Chase & Co. [43]
In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [15] In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati. In 1982, the bank merged with the Reeves Banking and Trust Company. [15]
Hambrecht & Quist (H&Q) was an investment bank based in San Francisco, California noted for its focus on the technology and Internet sectors. H&Q was founded by Bill Hambrecht and George Quist in California, in 1968.
Bank [60] April 24, 2009: American Southern Bank: Georgia Department of Banking and Finance: Bank $ 216,600,000 [61] May 8, 2009: Stanford Bank Venezuela: Banco Nacional de Crédito: Bank $ 111,000,000: May 11, 2009: Dresdner Bank: Commerzbank: Bank [62] May 22, 2009: Banco de Venezuela: Government of Venezuela: Universal bank $ 1.05 × 10 ^ 9 ...
Indiana Michigan Power Center is also home to other companies besides Indiana Michigan Power, SIRVA, and JPMorgan Chase. The partnership that owned One Summit Square was to have ended in 2016, which would have required the tenants to find new homes.
The building was completed in 1961, and was formerly known as Bank One Plaza until their merger with Chase. Before that, it was home to Marine Bank and was known as the Marine Plaza. In 2016, the building was sold to 111 E. Wisconsin Property Owner, LLC, and is managed by Farbman Group. Currently, it is the 13th tallest building in Milwaukee.