Washington Mutual, Inc.

Investment banking powers JPMorgan profit
Yahoo! | 41 days 19 hours 7 minutes ago
NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) quarterly profit rocketed to a much-higher-than-expected $3.6 billion as bond trading revenue surged, boosting optimism about a rebound in top Wall Street banks.

JPMorgan Credit-Card Defaults May Signal Extension of Industrywide Losses
Bloomberg | 41 days 17 hours 45 minutes ago
Oct. 14 (Bloomberg) -- JPMorgan Chase & Co., the biggest U.S. credit-card lender, said the unit's third-quarter write- offs rose and the company forecast more next year, signaling that the industry's record losses may have longer to run.

JPMorgan Defaults May Signal More Record Card-Industry Losses Lie Ahead
Bloomberg | 41 days 16 hours 39 minutes ago
Oct. 14 (Bloomberg) -- JPMorgan Chase & Co., the biggest U.S. credit-card lender, said the unit's third-quarter write- offs rose and the company forecast more next year, signaling that the industry's record losses may have longer to run.

Aflac Profit Triples on Insurer's Smaller Investment Losses, Stronger Yen
Bloomberg | 27 days 13 hours 40 minutes ago
Oct. 28 (Bloomberg) -- Aflac Inc., the world's largest seller of supplemental health insurance, said third-quarter profit more than tripled as investment losses narrowed and a stronger yen magnified revenue from Japan.

Aflac Profit More Than Triples on Smaller Investment Losses, Stronger Yen
Bloomberg | 27 days 15 hours 38 minutes ago
Oct. 28 (Bloomberg) -- Aflac Inc., the world's largest seller of supplemental health insurance, said third-quarter profit more than tripled as investment losses narrowed and a stronger yen magnified revenue from Japan.

BUSINESS NOVEMBER 1, 2009, 12:58 P.M. ET CIT Nears Bankruptcy Filing Government Infusion of $2.3 Billion at Risk
Barron's (subscription required) | 23 days 18 hours 28 minutes ago
CIT Group Inc. plans to file for bankruptcy as soon as Sunday afternoon, said people familiar with the matter, in a high-stakes restructuring intended to keep the doors open at one of the U.S.'s largest small-business lenders.

UPDATE: JPMorgan 3Q Profit Soars On Broad Strength; Shares Up
Wall Street Journal, The | 42 days 30 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--JPMorgan Chase & Co. (JPM) third-quarter earnings soared as strong investment-banking results outweighed another sizable provision for loan losses.

FACTBOX-Canada insider trading scheme involved 46 deals
Reuters | 27 days 14 hours 24 minutes ago
Oct 28 (Reuters) - Stanko Grmovsek pleaded guilty this week to U.S. and Canadian criminal charges stemming from a 14-year insider trading scheme.

Bank failures hit 100 for year; most since 1992
Houston Chronicle | 32 days 14 hours 34 minutes ago
WASHINGTON — Bank closings for the year hit 100 today when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession.

Bank closings top 100 for year; most since 1992
Richmond Times-Dispatch (Va.) | 32 days 14 hours 30 minutes ago
WASHINGTON (AP) -- Bank closings for the year surpassed 100 on Friday when regulators shut down small banks in Florida and Georgia. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession.

BB&T Profit Tumbles 65%, Missing Estimates, as Real Estate Losses Increase
Bloomberg | 36 days 21 hours 42 minutes ago
Oct. 19 (Bloomberg) -- BB&T Corp., the North Carolina lender that acquired Colonial BancGroup Inc. in August, reported third-quarter profit dropped 58 percent as more real-estate borrowers stopped making payments.

Bank closings top 100 for year, regulators shut down small banks in Fla., Ga.; most since 1992
Star Tribune (Minneapolis-St. Paul, Minn.) | 32 days 14 hours 35 minutes ago
WASHINGTON - Bank closings for the year surpassed 100 on Friday when regulators shut down small banks in Florida and Georgia.

Bank closings top 100 for year, most since '92
Arizona Republic (Phoenix), The | 32 days 13 hours 8 minutes ago
Bank closings top 100 for year, most since '92, WASHINGTON - Bank closings for the year surpassed 100 on Friday when regulators shut down small banks in Florida and Georgia. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession.

Bank closings hit 100 for year; most since 1992
Forbes | 32 days 15 hours 9 minutes ago
WASHINGTON -- Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions in the U.S. have collapsed under the weight of soured real estate loans and the Great Recession.

Bank closings hit 100 for year; most since 1992 - National Business - MiamiHerald.com
Miami Herald, The | 32 days 15 hours 5 minutes ago
WASHINGTON -- Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession.