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Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. ... Its stock price dropped to $0.16 a share, ...
Providian. Providian Financial Corporation was one of the leading credit card issuers in the United States when it was sold to Washington Mutual for approximately US$ 6.5 billion in October 2005. Providian was headquartered in San Francisco, California, and had more than 10 million card holders at the time of its sale.
Washington Mutual: Dime Bancorp, Inc. Washington Mutual: JPMorgan Chase: 2002 HSBC Holdings plc: Household International, Inc. HSBC Bank USA: HSBC Bank USA: 2003 BB&T: 1st Virginia Banks, Inc. BB&T: Truist Financial: 2003 M&T Bank: Allfirst Bank: M&T Bank: M&T Bank: 2004 New Haven Savings Bank Savings Bank of Manchester, Tolland Bank ...
JPMorgan Chase (JPM) got a pretty sweet deal when it bought the distressed banking operations of Washington Mutual in 2008 for a flimsy $1.9 billion -- perhaps a little too sweet, according to the ...
Agency infighting and regulators' repeated disregard of shoddy lending practices allowed Washington Mutual Bank, a $300 billion thrift and the sixth largest U.S. depository institution before it ...
16 March 1946. Nationality. American. Occupation. Businessman. Known for. Washington Mutual 's last weeks. Alan H. Fishman (born 16 March 1946) [1] is an American businessman. He was the last CEO of Washington Mutual (WaMu) [2] prior to federal regulators seizing its assets on September 25, 2008.
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JPMorgan Chase raised $10 billion in a stock sale to cover writedowns and losses after taking on deposits and branches of Washington Mutual. [58] Through the acquisition, JPMorgan now owns the former accounts of Providian Financial, a credit card issuer WaMu acquired in 2005. The company announced plans to complete the rebranding of Washington ...