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Following the acquisition of Washington Mutual by JPMorgan Chase, Obama commented on Dimon's handling of the real-estate crash, credit crisis and the banking collapse affecting corporations nationwide, including major financial institutions like Bank of America, Citibank and Wachovia, and said he did "a pretty good job managing an enormous ...
Jamie Dimon and JPMorgan Chase's fortress balance sheet. ... In 2008, Washington Mutual was the largest bank failure ever. JPMorgan stood ready to scoop up the bank's deposits, assets, and certain ...
Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of Washington Mutual Bank , which was the largest savings and loan association in the United States until its collapse in 2008.
The Washington Mutual logo prior to its 2008 acquisition by JPMorgan Chase. On September 25, 2008, ... Jamie Dimon is the chairman and CEO of JPMorgan Chase. The ...
The old saying that "when it rains, it pours" has perhaps never been truer for Jamie Dimon, the head of JPMorgan Chase . ... and the companies it acquired in Bear Stearns and Washington Mutual ...
WASHINGTON (Reuters) -JPMorgan Chase CEO Jamie Dimon will not be invited to be a part of Donald Trump's administration, the U.S. president-elect said on social media on Thursday. "I respect Jamie ...
She has been noted as a potential successor to Jamie Dimon, as CEO of JPMorgan Chase. [13] She is a board member of Robin Hood Foundation, [14] the U.S. Fund for UNICEF, [15] and the U.S.-China Business Council. [16] She has served on the Federal Reserve Bank of New York's Investor Advisory Committee on Financial Markets. [17]
Mayo estimated that if Dimon left, JPMorgan Chase stock would drop about 5%, shaving $25 billion off the bank’s market cap, making Dimon “the $25 billion man.”