Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 5 of 5 results for "Washington Mutual"

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... borrowings." Banking sector turmoil began with the collapse of Silicon Valley Bank, the largest US bank failure since Washington Mutual in 2008, and then continued with the failure of New York Signature Bank. Previously, JBWere chief investment officer ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... Wachovia. Likewise, it was reported that JP Morgan, Citigroup, Bank of America and Wells Fargo may bid for parts of Washington Mutual. And we are talking here only about the big institutions deemed 'too big too fail.' Surely, the smaller ones that are ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group reminded investors that the problems in the US financial sector remain. Even the National ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... dragged around by reports and speculation about the fate of two troubled financial firms, Lehman Brothers and Washington Mutual. In a volatile session that saw gains and losses reverse several times, the Dow Jones Industrial Average ended with a modest ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 APR 2008
... Ordinaries lost 49.7 points, or 0.87 per cent, to 5634.4. NEW YORK - US stocks fell on Tuesday, as news that Washington Mutual Inc expects a large quarterly loss raised the spectre of poor results in the financial sector, while minutes from the Federal ...
PAGE:
1