4 hrs ago | Seattle Times
WaMu report may end speculation about its capital needs
Three months ago, Washington Mutual raised $7.2 billion in new capital - bolstering its balance sheet at the cost of severely diluting the stakes of its existing shareholders.
12 hrs ago | The Globe and Mail
The rescue plan for Fannie Mae and Freddie Mac looked as though it would ignite the stock market on Monday - but by midday, any hopes for a sustained rally fizzled.
Mish's Global Economic Trend Analysis
The Financial Dogs Are Now Bitching About SEC Ruling
Many banks are bitching about the new SEC rules on shorting. On the off chance you are new to the story, it's time for a full recap from the beginning.
Trouble persists for some IndyMac customers
The fear, the hassle, the long lines in the hot sun, and now the wait. Many IndyMac customers who are moving their money to another bank won't be able to access all of their funds for more than week.
WaMu On Track To Post Worst-ever Stock Drop Since IPO
Washington Mutual could suffer its biggest-ever share price drop since the company went public in March 1983.
Zions, 2 other banks lead steep stock decline
Zions Bancorp., Washington Mutual Inc. and National City Corp. led the steepest-ever decline in the two-decade history of an index of bank stocks after IndyMac Bancorp Inc.'s collapse spurred concern more ...
After Hours: WaMu, E-Trade surge; Kimberly-Clark drops after warning
Shares of Washington Mutual Inc. soared Monday evening after the bank said its liquidity position is on solid ground, and E-Trade Financial Corp.
Washington Mutual shares rise sharply
Shares of national bank Washington Mutual Inc. rose sharply Wednesday, getting a boost from better-than-expected earnings results at Wells Fargo & Co.
Analyst: WaMu Could see $26 Billion in Losses
From the WSJ: Regional Bank Shares Crater Shares of regional banks dropped sharply following ... a warning from Goldman Sachs about the huge unrealized losses facing banks due to risks in preferred securities ...
US stocks fall despite Treasury rescue plan
Yesterday's market action shows how difficult it is going to be to rebuild confidence in financial markets.
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National City preparing for bank run?
MonteQuest National City preparing for bank run? Author Message National City: no unusual depositor, creditor activity Quote: National City Corp.
Washington Mutual plans more layoffs
Washington Mutual Inc. , battling to cut costs, will lay off more employees in September, according to people familiar with the company.
Treasuries Advance as Stocks Fall Amid Concern Banking Woes Are Worsening
Treasuries gained, pushing two-year note yields down the most in more than two weeks, as stocks fell on concern that U.S. banking-system losses may be worsening.
Fed Set to Curb Shady Lending Practices
Shares of National City Corp and Washington Mutual Inc plummeted, leading U.S. financial stocks lower Monday amid fears about bank stability and the future of the mortgage market.
Regional Banks Fall; Zions Downgraded
Shares of commercial banking stocks were down in early trade Monday after Goldman Sachs analysts added Zions Bancorp to their sell list.
Hey, wamu wants 2 talk 2 u. Seattle-based Washington Mutual is the latest financial institution to join the mobile-banking movement, announcing on Wednesday new services that use text-messaging to help ...
Many Underestimate Credit Score Importance
While the nation's credit-scoring program is a critical factor in determining what individual borrowers pay in interest on credit cards and mortgages - and even how much they pay for insurance - new research ...
US consumer group says public awareness of credit scores has improved but still poor
WASHINGTON : Americans can save billions of dollars annually on credit card and other interest payments by raising their credit scores, but many consumers still don't know enough about the complex numerical ...
Credit-Score Confusion Is Costing U.S. Consumers $28 Billion, Survey Says
U.S. consumers remain in the dark about how the credit-scoring system works, costing $28 billion on routine transactions each year, a survey concluded.
Bank robbery at West Seattle WaMu
Seattle police and FBI agents are investigating a Wednesday afternoon bank robbery at a West Seattle Washington Mutual.