NEW YORK — As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks — Washington Mutual Inc. — has collapsed under the weight of its enormous bad bets ...

WILMINGTON, Delaware (Reuters) - Washington Mutual Inc said on Friday that it reached a deal that will bring it roughly $6 billion and help resolve its bankruptcy, but it could leave shareholders in ...

In a letter to shareholders, JPMorgan’s chief executive admits that his bank contributed to the collapse of the American housing industry, but says that progress is being made to rectify the errors, ...

Apr. 16--REPORTING FROM WASHINGTON -- The former head of the chief banking regulatory agency that oversaw failed Washington Mutual told lawmakers Friday that the giant savings and loan collapsed ...

Rumors abound the troubled bank will sell itself after losing $5B in deposits. Sept. 17, 2008— -- Washington Mutual, a savings-and-loan that has seen tremendous losses stemming from the nation's ...

NEW YORK/WASHINGTON (Reuters) - Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank, and its banking assets were sold to JPMorgan Chase & Co for $1.9 ...

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la ...

Washington Mutual has broken new ground in several areas during the past year. Not least as the first American issuer of a covered bond. However, it made a substantial impact with its hybrid issuance ...

Seattle-based WaMu, which was founded in 1889, is the largest bank to fail by far in the country's history. Its $307 billion in assets eclipse the $40 billion of Continental Illinois National Bank, ...