Which bank acquired Washington Mutual's banking subsidiaries?
JPMorgan Chase
Bank of America
Wells Fargo
Citigroup
Answer
JPMorgan Chase acquired Washington Mutual's banking subsidiaries for $1.9 billion after the Federal Deposit Insurance Corporation (FDIC) placed WaMu into receivership.
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More Questions
What was the internal nickname for JPMorgan Chase's plan to acquire WaMu?
How much in assets did WaMu, have after being stripped of its banking subsidiary?
In which year did all WaMu branches become rebranded as Chase branches?
What was the total value of assets held by WaMu according to its 2007 SEC filing?
What is the rank of WaMu's closure in terms of largest bank failures in American financial history?
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