JPMorgan Chase Buys Washington Mutual The federal government seized Washington Mutual on Thursday in the largest federal bank failure in U.S. history. The assets of the nation's largest savings and loan were sold to JPMorgan Chase for nearly $2 billion.
Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. ( Staff study 176 ) Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
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