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JP Morgan Chase acquired Washington Mutual in a deal valued at approximately $1.9 billion in September 2008. This acquisition was part of a government-assisted purchase following Washington Mutual's failure due to the subprime mortgage crisis. The deal allowed JP Morgan to absorb Washington Mutual’s assets and branches, significantly expanding its footprint in the retail banking sector.
"Washinton Mutual is not the same company as Washington Mutual. Washington Mutual is a banking company and Washinton Mutual is retail selling brand, dire stuff to know."
Washington Mutual was created in 1889.
The population of Washington Mutual is 49,403.
Washington Mutual ended in 2009.
Washington Mutual's headquarters is located in Seattle, Washington. It's in downtown Seattle as is their previous headquarters, Washington Mutual Tower.
A Washington Mutual Fund sports advantages such as low fees, low risk, and steady growth. Though it is important to note that Mutual Funds to do not provide the investor with much flexibility.
Washington Mutual was a savings bank holding company in the United States. Unfortunately, in September 2008 Washington Mutual was placed into receivership.
Yes, Washington Mutual is multinational. Washington Mutual now is named JP Morgan Chase and it is an American financial and banking institution.
There are no Washington Mutual locations. The bank collapsed in 2008 and was bought out by JP Morgan Chase. Washington Mutual locations are now Chase banks.
No. Washington Mutual is now owned by the JP Morgan Chase group. They acquired Washington Mutual in 2008-2009 during the banking crisis in United States. By end of 2009, all branches of Washington Mutual were rebranded as Chase branches.
The nearest Washington Mutual branch is located on 16000 Pennsylvania Rd, Virginia, United States of America. They were established by the son of George Washington.