Federal regulators last night seized the massive, troubled mortgage lender Washington Mutual in the largest bank failure in U.S. history, then immediately sold much of the company to J.P. Morgan Chase ...
The government takeover and subsequent acquisition of Washington Mutual in 2008 could serve as a potential blueprint for the future of Silicon Valley Bank. The economic forces behind the two biggest ...
Silicon Valley Bank (ticker: SIVB) has gone bust, leaving many of its customers anxious about the safety of their funds. This has reminded many investors of Washington Mutual Bank, which was the ...
(Reuters) - A federal judge on Wednesday limited JPMorgan Chase & Co's potential liability to buy back soured mortgages tied to the main unit of Washington Mutual Inc, the savings and loan it bought ...
Fifteen years after Washington Mutual’s failure, the Federal Deposit Insurance Corporation is coming after Pulte Mortgage for its role in the largest banking collapse in U.S. history. The agency filed ...
WaMu, JPMorgan and FDIC resolve disputes WaMu gets nearly all of $4 bln deposit JPMorgan and WaMu to split $3 bln tax refund 70-30 FDIC and WaMu to split $2.6 bln tax refund 60-40 Sign up here.
A quick rise in interest rates, a large amount of uninsured deposits and a first-quarter update that revealed further weaknesses in its business all contributed to the demise of First Republic Bank, ...
Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la ...
Regulators closed down Silicon Valley Bank on Friday, making it the largest bank failure in the US since the 2008 financial crisis. Silicon Valley Bank, a vaunted institution for tech startups, closed ...
SAN FRANCISCO (MarketWatch) -- Washington Mutual Inc. said after Wednesday's closing bell that the Office of Thrift Supervision has approved the acquisition of Providian National Bank by Washington ...
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