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In a 2010 settlement between Wash. Mutual Inc. (in receivership), the FDIC, and JPMorgan Chase, a tax refund of about $5.7 billion (~$7.78 billion in 2023) will be shared between Wash. Mutual Inc., JPMorgan Chase and FDIC. [209] WaMu, Inc. sued the Federal Deposit Insurance Corporation (FDIC) for $13 billion after the sale of its banking ...
Washington Mutual Inc (at time of acquisition) JPMorgan Chase (since 2008) Providian Financial Corporation was an American financial services company founded in 1997, which became one of the leading credit card issuers in the United States before it was sold to Washington Mutual for approximately US$ 6.5 billion in October 2005.
JPMorgan Chase is the result of the combination of several large U.S. banking companies that merged since 1996, combining Chase Manhattan Bank, J.P. Morgan & Co., and Bank One, as well as asset assumptions of Bear Stearns, Washington Mutual, and First Republic.
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JPMorgan Chase: Washington Mutual: JPMorgan Chase: $1.9 Billion [41] JPMorgan Chase & Co. 2008 Fifth Third Bank: First Charter Bank: Fifth Third Bank: $1.1 billion [42] Fifth Third Bank: 2008 PNC Financial Services: National City Corp. PNC Financial Services: $5.08 billion [43] PNC Financial Services: 2008 U.S. Bancorp: Downey Savings and Loan ...
Lake says Chase will be passing along those increased expenses to customers, which would put an end to now-free services such as checking accounts and wealth management tools. And she says she ...
In its complaint, the regulator named JPMorgan Chase, Bank of America, Wells Fargo, and Early Warning Services. The latter is also co-owned by Capital One, PNC Bank, Truist, and U.S. Bank, which ...