Washington Mutual news from FierceFinance

So what to make of JPMorgan's (JPM) investor day? For most people, it confirms a certain confidence in management, led of course by CEO Jamie Dimon (Jamie Dimon news). The bank seems to be fairly... Read more...

Wells Fargo (WFC) certainly has a lot to integrate right now. Wachovia was a sprawling enterprise, and the good news is that Wells executives are convinced that the benefits of integration will be as... Read more...

It's in vogue these days for banks to suggest that they could have survived without the TARP funds they were forced to accept. Goldman Sachs (GS) and Wells Fargo (WFC) have each played variations on... Read more...

JPMorgan (JPM) is wise in taking a cautious approach to upcoming losses. Losses on home equity, prime and subprime loans are all forecast to rise. The loss ratio in the Chase credit card business... Read more...

This is the mark of a small, amateurish hedge fund: Having the CFO serve also as chief trader. That's hardly going to inspire big pensions to take a close look at investing in you. So perhaps we... Read more...

CIT chief executive Jeffrey Peek has become the latest big-name CEO to step down amid the gargantuan credit crunch that has proved the undoing of so many top executives. The list is worth reviewing:... Read more...

Was this vetted by regulators? Citigroup (C) has hired Richard Hohlt, a controversial defender of the saving and loan industry back in the 1980s crisis, as a political adviser. "He is an old... Read more...

Some people have speculated recently that the day trader is back in vogue. This certainly seems to be true at the institutional level. A good high frequency trader is defined by the fact that he ends... Read more...

Fortune takes a look back at the implosion of Washington Mutual, calling it the "largest-ever U.S. bank failure." Recall that WaMu basically ran out of dough after business customers withdrew their... Read more...

Company News:> Pandit speaks in Detroit. Article> Several bidders for Citi's Japan unit. Article> Developer takes Citi to court. Article> Hedge fund's plans to go public, thwarted by... Read more...