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Chase Bank, also known as J.P Morgan Chase, is one of the strongest banks in the United States, having taken over Washington Mutual and Bank One. They have branches all over the United States and their selection of credit cards is hard to beat. Full Article at Associated Content
A California man was sentenced Friday to 7 years, 3 months in prison in U.S. District Court in Tacoma after pleading guilty to four Washington bank robberies, including one in Vancouver. Full Article at The Columbian
TACOMA, Wash. – A 43-year-old California man has been sentenced to more than seven years in prison after pleading guilty to several bank robberies in Washington state. Robert Vincent Mendez has also been indicted in four other bank robberies in Oregon. Full Article at The Olympian
A leading House Democrat plans to introduce Thursday a provision that would require those banks deemed "too big to fail" to fund their own insurance fund -- in response to concerns from economists who call the existing proposals that call for smaller... Full Article at Huffington Post
Actress Bette Davis once said that the key to a successful marriage was separate bathrooms. The Bellevue, Wash. , couple have both been working from home since March. She likes to listen to heavy metal music while working. He usually likes instrumentals. Full Article at Pittsburgh Entertainment
JPMorgan Chase & Co 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. Full Article at MyDigitalFC.com | Financial Chronicle
JPMorgan is in a growth mode. The company announced this week it will add 1,200 mortgage loan officers in 23 states. Full Article at The Batavia Daily News
Here’s something the bad guys know that you should know, too. When you stop payment on a check with your bank, it’s good for only six months. After that, the check can be cashed unless you ask that the stop-payment order be extended. Full Article at Fort Worth Star-Telegram
Among the highest bishops of banking, Jamie Dimon sounds like a heretic. He insists that no financial institution is too big to fail--not even his giant JPMorgan Chase, the largest bank in the U.S. by market capitalization ($168 billion). Full Article at Forbes
One bank overseer, the Federal Deposit Insurance Corp. , used to have a program qualifying supposedly stronger banks for reduced scrutiny. Full Article at The Money Times
Two Romanian men pleaded guilty to "skimming" nearly $200,000 from Atlanta area Washington Mutual ATMs. Full Article at Atlanta Journal Constitution
Washington Mutual alledgedly enabled a nearly $200 million Ponzi scheme, and now JPMorgan Chase has to deal with the victims' lawsuit. Full Article at The Business Insider
A few years ago, when we first began this journey together, we warned that the U.S. government was leading us to a future banking panic. We warned about the housing bubble that was about to burst. Full Article at iStockAnalyst
Washington: United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations. Full Article at DNA India
In the current jobless recovery, people are running out of unemployment benefits before they find job openings. Some may look to starting a small business of their own, but who would loan them money without a track record? Full Article at The Seattle Times
PHYLLIS CAMPBELL was minding her own business last fall, content running the Seattle Foundation, one of the city's largest philanthropic organizations, where she had doubled the giving budget in just a few years, when she got a phone call from a... Full Article at The Seattle Times
For more than a year, we've been chronicling companies that appear to be on their deathbeds. As we note, not every company will give up the ghost. Full Article at Motley Fool
Bronx Council on the Arts may soon take an even more active role in the revitalization of Westchester Square. It is in talks to purchase a building that was formally a Washington Mutual bank branch. Full Article at New York Post
Speaking at the BancAnalysts Association of Boston conference, JPMorgan's head of retail Charlie Scharf Thursday projected the $329.3 billion portfolio would diminish by another 10% or 15% in 2010 as the company works to jettison bad loans from... Full Article at The Street
All the world’s a stage, And all the men and women merely players They have their exits and their entrances And one man in his time plays many parts —Shakespeare The greatest action is not conforming with the world’s ways… The greatest effort... Full Article at Energy Bulletin
Washington Mutual, Inc. (abbreviated to WaMu) (Pink Sheets: WAMUQ) is a savings bank holding company and the former owner of Washington Mutual Bank, which was the United States' largest savings and loan association. Full Article
Todd Kaufman visits a house he is renovating for resale in Thousand Oaks, California in this September 22, 2009 file photo.
View Photo »Todd Kaufman visits a house he is renovating for resale in Thousand Oaks, California in this September 22, 2009 file photo.
View Photo »A Bank of America sign is shown with the Texas State Fair Ferris wheel in the background in Dallas in this photo taken Monday, Aug. 3, 2009. The neighborhood of small, frame houses, is 98 percent black. Half the people who live there are poor.
View Photo »A man uses an ATM machine at a Chase bank, which was formerly a Washington Mutual branch office in Burbank, California March 30, 2009 which features new Chase signage.
View Photo »Employees unveil a new sign for one of Chase's new 708 bank branches Monday, March 30, 2009, in Los Angeles, Calif. The branches were obtained by parent company JPMorgan Chase which acquired Washington Mutual's banking operations in September 2008. Photo/John Hayes.
View Photo »In this Dec. 1, 2008 file photo, a teller assists a customer in a Washington Mutual bank branch inside the corporate headquarters in downtown Seattle Monday, Dec. 1, 2008.
View Photo »Todd Kaufman visits a house he is renovating for resale in Thousand Oaks, California in this September 22, 2009 file photo.
View Photo »In 1993, we were talking about the uninsured as ‘them.’ Now it turns out this is for us. When a bank like Washington Mutual in Seattle lays off 3,000 people, they lose health insurance. Millions of people with insurance are asking, ‘What if I lose my job?’
After numerous calls and a lot of grief from PNC, I was told their mortgages were sold to Washington Mutual, and WaMu said they just sold everything to Chase ... I have faxed and e-mailed all documentation I had and have gotten nowhere.
Anytime we have a bank closure, people get alarmed so it's bad for the industry, but it's also an opportunity ... When Washington Mutual closed we took on a lot of new clients.
They were in a position because of their strong financials to capitalize on unsettled developments in financial markets ... They were able to acquire Bear Stearns and Washington Mutual's banking operations.
