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Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of Washington Mutual Bank , which was the largest savings and loan association in the United States until its collapse in 2008.
JPMorgan Chase: Washington Mutual: JPMorgan Chase: $1.9 Billion [41] JPMorgan Chase & Co. 2008 Fifth Third Bank: First Charter Bank: Fifth Third Bank: $1.1 billion [42] Fifth Third Bank: 2008 PNC Financial Services: National City Corp. PNC Financial Services: $5.08 billion [43] PNC Financial Services: 2008 U.S. Bancorp: Downey Savings and Loan ...
Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. [4] The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004 [5] and in 2008 acquired the deposits and most assets of Washington Mutual. In May 2023, it acquired the assets of First Republic Bank.
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
In early 1997 California thrift H. F. Ahmanson & Co. launched a hostile takeover bid for the company, but Washington Mutual's friendly offer won out later that year. Ironically, in 1998 Washington Mutual acquired Ahmanson for $10 billion. In 2008, it became part of JPMorgan Chase.
Washington Mutual Inc (at time of acquisition) JPMorgan Chase (since 2008) Providian Financial Corporation was an American financial services company founded in 1997, which became one of the leading credit card issuers in the United States before it was sold to Washington Mutual for approximately US$ 6.5 billion in October 2005.
JPMorgan Chase is marking the 20th anniversary of Bank One merger that created a banking giant and today is the largest private employer in Columbus. Contrary to initial fears, JPMorgan Chase ...
JPMorgan Chase is the result of the combination of several large U.S. banking companies that merged since 1996, combining Chase Manhattan Bank, J.P. Morgan & Co., and Bank One, as well as asset assumptions of Bear Stearns, Washington Mutual, and First Republic.