Washington Mutual, Inc.

News and overview for Washington Mutual, Inc.

Industry Experts Join University of Maryland's Robert H. Smith School of Business to Lead New Center for Financial Policy [Press Release]
PRNewswire | 104 days 20 hours 15 minutes ago
...s Council of Economic Advisors for Washington State, a member of the University of Washington Business School Advisory Board and a...served as chief financial office of Washington Mutual, Inc. for most of the period from 1982 to...


Community Mortgage Lenders of America Warns: Congress Will Pull the Plug on Main Street Lenders [Press Release]
Business Wire | 10 hours 25 minutes ago
The Community Mortgage Lenders of America (CML America) today released a letter (see the attached) to congressional leaders warning that proposals under consideration by Congress will have a devastating effect on mortgage lending and increase risk in the mortgage system.


Signature Bank to Present at 2009 FBR Capital Markets Fall Investor Conference [Press Release]
Business Wire | 1 hour 16 minutes ago
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that its management plans to present its corporate story at the upcoming 2009 FBR Capital Markets Fall Investor Conference.


Zacks Analyst Blog Highlights: CIT Group Inc., Dean Foods, Frontier Communications, Verizon Communications and Time Warner Cable [Press Release]
Business Wire | 20 days 13 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CIT Group Inc. (NYSE: CIT), Dean Foods (NYSE: DF), Frontier Communications (NYSE: FTR), Verizon Communications (NYSE: VZ) and Time Warner Cable (NYSE: TWC).


Zacks Analyst Blog Highlights: JPMorgan Chase, Fifth Third Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial [Press Release]
Business Wire | 6 days 13 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB), Zions Bancorp (Nasdaq: ZION), SunTrust Banks (NYSE: STI) and PNC Financial (NYSE: PNC).


Zacks Analyst Blog Highlights: U.S. Bancorp, JP Morgan Chase, Fifth Third Bancorp, Zions Bancorp and SunTrust Banks [Press Release]
Business Wire | 20 days 13 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: U.S. Bancorp (NYSE: USB), JP Morgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB), Zions Bancorp (Nasdaq: ZION) and SunTrust Banks (NYSE: STI).


Zacks Analyst Blog Highlights: JP Morgan Chase, U.S. Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial [Press Release]
Business Wire | 13 days 13 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JP Morgan Chase (NYSE: JPM), U.S. Bancorp (NYSE: USB), Zions Bancorp (Nasdaq: ZION), SunTrust Banks (NYSE: STI) and PNC Financial (NYSE: PNC).


Zacks Bull and Bear of the Day Highlights: Pozen, Inc., Hain Celestial, Equity Residential, Fannie Mae and Freddie Mac [Press Release]
Business Wire | 42 days 14 hours 16 minutes ago
Zacks Equity Research highlights Pozen, Inc. (Nasdaq: POZN) as the Bull of the Day and Hain Celestial (Nasdaq: HAIN) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Equity Residential (NYSE: EQR), Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).


Caribou Coffee Realigns Leadership Team [Press Release]
Business Wire | 28 days 17 hours 14 minutes ago
Caribou Coffee, the second largest coffee chain in the United States, is pleased to announce the promotion of Daniel E. Lee to secretary, senior vice president and general counsel of Caribou Coffee, and the appointment of Dan Hurdle to the role of senior vice president, retail operations and product management of Caribou Coffee.


Zacks Analyst Blog Highlights: Moody s, Microsoft, Fannie Mae, Freddie Mac and ExxonMobil Corporation [Press Release]
Business Wire | 24 days 14 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Moody’s (NYSE: MCO), Microsoft (Nasdaq: MSFT), Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE) and ExxonMobil Corporation (NYSE: XOM).


Zacks Bull and Bear of the Day Highlights: NTT DoCoMo, Embraer, JP Morgan Chase, Fifth Third Bancorp and U.S. Bancorp [Press Release]
Business Wire | 27 days 14 hours 16 minutes ago
Zacks Equity Research highlights NTT DoCoMo (NYSE: DCM) as the Bull of the Day and Embraer (NYSE: ERJ) the Bear of the Day. In addition, Zacks Equity Research provides analysis on JP Morgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB) and U.S. Bancorp (NYSE: USB).


FBR Capital Markets Corporation Announces Secondary Offering of Common Stock [Press Release]
PRNewswire | 34 days 9 hours 45 minutes ago
...Markets, and Barclays Capital Inc. are joint book-running...Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries...is headquartered in the Washington, D.C. metropolitan area...


SCOLR Pharma, Inc. Appoints Stephen J. Turner as CEO [Press Release]
PRNewswire | 84 days 19 hours 14 minutes ago
SCOLR Pharma, Inc. Appoints Stephen J...FirstCall/ -- SCOLR Pharma, Inc. announced the appointment...terminated on August 28 by mutual agreement. Dr. Morra... Based in Bothell, Washington, SCOLR Pharma, Inc. is a specialty pharmaceutical...


15 Largest U.S. Lenders [Press Release]
PRNewswire | 111 days 14 minutes ago
...Inc. and Quicken Loans Inc. Second-quarter home...Financial Services Group Inc., business declined 7...last year at JPMorgan and Washington Mutual. 2nd-Quarter 2009...LLC 6. SunTrust Banks Inc. 7. U.S. Bank Home...


FBR Capital Markets to Report Third Quarter 2009 Results [Press Release]
PRNewswire | 39 days 9 hours 16 minutes ago
...provided by FBR Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of FBR...Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices...





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Company Overview


Company: Washington Mutual, Inc.
Industry: Superregional Banks
Website: http://www.wamu.com

Washington Mutual (WaMu) offers consumer and commercial banking services through about 2,200 bank branches in the West, New York, Connecticut, and major US metropolitan areas. Once one of the largest originators and servicers of residential mortgages in the country, WaMu was brought low by its mortgage operations. The bank exited the subprime business after the 2007 housing bust and subsequent epidemic of loan defaults, but it was too late. In the largest bank collapse in US history, WaMu failed in 2008 and was acquired by JPMorgan Chase for $1.9 billion. JPMorgan plans to eventually phase out the WaMu brand.


Key Numbers

Sales in U.S. Dollars (mil.) 25,531 (2008)
One-year % Growth in Sales 0.0 (2008)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 49,403 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End December