U.S. regulators try to find WaMu buyer: report
Wednesday September 17, 4:54 am ET
(Reuters) - U.S. federal regulators recently called a number of banks asking if they would consider buying Washington Mutual Inc (NYSE:WM - News) should it eventually falter, the New York Post said, citing sources.
Federal banking regulators, in recent days, contacted Wells Fargo & Co (NYSE:WFC - News), JPMorgan Chase & Co (NYSE:JPM - News), HSBC (LSE:HSBA.L - News) and several other financial institutions to gauge their interest in a possible acquisition of WaMu, the paper said.
No merger discussions are currently under way between the Seattle-based bank and anyone else, the sources told the paper.
Washington Mutual could not be immediately reached for comment.
LinkHere
(Reuters) - U.S. federal regulators recently called a number of banks asking if they would consider buying Washington Mutual Inc (NYSE:WM - News) should it eventually falter, the New York Post said, citing sources.
Federal banking regulators, in recent days, contacted Wells Fargo & Co (NYSE:WFC - News), JPMorgan Chase & Co (NYSE:JPM - News), HSBC (LSE:HSBA.L - News) and several other financial institutions to gauge their interest in a possible acquisition of WaMu, the paper said.
No merger discussions are currently under way between the Seattle-based bank and anyone else, the sources told the paper.
Washington Mutual could not be immediately reached for comment.
LinkHere
posted by Kangaroo Brisbane Australia at 5:01 PM
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