RSSAll Entries Tagged With: "WaMu"

JPMorgan Chase axes 9,200 jobs at Washington Mutual(WaMu)

JPMorgan Chase (NYSE:JPM) the NY City banking giant will be cutting 9,200 jobs at Washington Mutual (WaMu) (OTC:WAMUQ) the announcement was made on Monday several months after they acquired the failed loans and saving bank.
Due to bad mortgage debts, WaMu the Seattle-based bank collapsed, resulting in the biggest bank failure in American history, JPMorgan Chase [...]

Washington Mutual seized by federal government

Washington Mutual (WaMu) became the next big bank to be bailed out by the federal government on Thursday, WaMu is now considered as the biggest US bank failure

Canadian Banks on the prowl for a US bargain bank like WaMu

Canadian banks may be able to delve deep into their pockets and seize the opportunity to buy a list of US banks, Washington Mutual Inc being one of

WaMu: Could merge with Morgan Stanley or Goldman Sachs

We have no hard evidence that Washington Mutual (WaMu) is about to file for bankruptcy or fail, but what is as crystal clear is that when the markets are in such disorder every bank has its moment in the spotlight, and as WaMu as one of the only Wall Street banks left standing alone

WaMu will it avoid bankruptcy?

Washington Mutual (WaMu) managed on Tuesday to calm investors on a day which has been chaotic in the financial markets, WaMu’s tattered share price was given a lift, and the

WaMu is at the forefront of takeover rumours

The nation’s biggest saving and loan company Washington Mutual Inc., had another day of speculation after a very unstable week for shares, and WaMu is not in the

Washington Mutual: as share prices fall can they survive?

Washington Mutual’s badly timed venture into the subprime has left the bank in a seriously bad way, with shares prices falling, not surprising when we see that