AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
WaMu Takes M&A Break.(Washington Mutual plans no major acquisitions at this time)(Brief Article)
Washington Mutual, Seattle, which has been on an intense "buy and build" spree the past three years is now, officially, taking a respite from major acquisitions.
During a speech last week at the annual convention of America's Community Bankers, WaMu chief executive Kerry Killinger indicated that the thrift - the nation's largest - will build its base of depository branches de novo instead of through acquisitions.
For the past nine months, WaMu watchers have been saying that the mega-thrift has been on the sidelines when it comes to buying mortgage-related firms.
A WaMu spokesman clarified to National Mortgage News that the thrift will "selectively" consider mortgage acquisitions, but said future ...
- Standard & Poor's Affirms Ratings on Washington Mutual Inc. & Units.
- Press release article from: PR Newswire October 5, 1998 700+ words
...The affirmed ratings of Washington Mutual reflects the company...two years, with three major acquisitions completed: American Savings...Throughout the series of major acquisitions, Washington Mutual has maintained its core...
- S&P Afms Rtgs on Washington Mutual Inc & Units.
- Press release article from: Business Wire October 5, 1998 700+ words
...The affirmed ratings of Washington Mutual reflects the company...two years, with three major acquisitions completed: American Savings...Throughout the series of major acquisitions, Washington Mutual has maintained its core...
- BANK'S EYES ARE UPON TEXAS WASHINGTON MUTUAL PLANS TO BUY HOUSTON'S BANK UNITED...
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) Virgin, Bill August 22, 2000 700+ words
...every Bank United share. Washington Mutual's stock closed at...88, down $1.50. Washington Mutual said it expects to cut...seattle-pi.com MAJOR ACQUISITIONS Other major Washington Mutual deals: October 1992...
- Wamu Details Growth Plans: Meanwhile, Hawke defends the thrift...
- Magazine article from: American Banker Blackwell, Rob Mandaro, Laura November 6, 2002 700+ words
...executive, and president of Washington Mutual Inc., on Tuesday laid...with an exception of Washington Mutual, has figured out how...of ours," he said. Washington Mutual has made eight major acquisitions of thrifts and mortgage...
- Wamu Goal: 500 Cafe Loan Sites.(Washington Mutual Inc.)(Statistical Data...
- Magazine article from: American Banker Mandaro, Laura June 21, 2001 700+ words
...and Wisconsin. Washington Mutual's deal with Fleet...bigger things from Washington Mutual. The thrift has...to pony up for major acquisitions recently, adding...logical market for Washington Mutual to make its next...
- Seattle-Based Washington Mutual May Acquire New York Bank.
- Newspaper article from: Knight Ridder/Tribune Business News June 23, 2001 700+ words
...with the deal say Washington Mutual would acquire Dime...dozen years ago, Washington Mutual's network of...then, it made two major acquisitions of California thrifts...loan business. Washington Mutual is now the largest...
- Business in Transition: Wamu Woes: Hedging, Costs, Integration.(Washington...
- Magazine article from: American Banker Shenn, Jody Bergquist, Erick June 30, 2004 700+ words
Washington Mutual Inc. has long protested that it was unfairly perceived as reliant...said it also suggested that Wamu is struggling to integrate some major acquisitions and to bring costs into alignment with a lower origination outlook...
- Worries Over Price of WaMu.
- Magazine article from: National Mortgage News AVIDON, ERIC July 12, 1999 700+ words
...Ahmanson deal, and that Washington Mutual can make a convincing...Donnell said that Washington Mutual needs to fundamentally...recent years through major acquisitions and grow from within. "Washington Mutual...was wise to seize...
