Washington Mutual taken over by JPMorgan Chase

JPMorgan Chase and Co. Inc has acquired the assets of Washington Mutual Inc’s banking operations after US federal regulators seized the ailing credit union.

Washington Mutual taken over by JPMorgan Chase

JPMorgan Chase and Co. Inc has acquired the assets of Washington Mutual Inc’s banking operations after US federal regulators seized the ailing credit union.

The deal marks the second time in six months that JPMorgan Chase has taken over a financial institution crippled by bad mortgage bets.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited