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Washington Mutual Finance News

News on Washington Mutual Finance (Ticker: WAMUQ) continually updated from thousands of sources around the net.

Monday Aug 18 | The Washington Post

TPG Offers Fee Breaks to Lure Investors to $10 Billion LBO Fund

TPG Capital is offering investors discounts on management fees as it tries to raise a $10 billion buyout fund after investing in soured deals including TXU Corp. and Washington Mutual Inc. Investors that commit to TPG Partners VII LP could get as much as a 25 percent reduction on fees, depending on the amount committed and whether they participate ... (more)

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Related Topix: Financial Services, Fort Worth, TX, Business News

Wed Aug 06, 2014

MSN Money

JPMorgan wins dismissal of Los Angeles lawsuit over mortgage lending

JPMorgan Chase & Co has won the dismissal of a lawsuit by the City of Los Angeles accusing the largest U.S. bank of steering minority borrowers into mortgages they could not afford, even after similar cases against the next three largest banks were allowed to go forward.

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Related Topix: Home, Mortgage, Personal Finance, Banking, JP Morgan Chase , Financial Services, Foreclosures

Sun Aug 03, 2014

The Washington Post

TPG Said to Start Raising $12 Billion Fund After Boom-Era Busts

TPG Capital, the buyout firm that invested in soured megadeals including TXU Corp., plans to start raising money this month for a flagship fund that's seeking as much as $12 billion, said two investors.

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Related Topix: TXU, Energy, Economics News, Bankruptcy, Fort Worth, TX, Financial Services

Thu Jul 31, 2014

Business Journal

$3.5 billion sounds big, but Zillow's buyout of Trulia isn't in top...

Zillow's $3.5 billion plan to buy rival Trulia should turn the Seattle company into the undisputed titan of online real estate, with five times as many users as anyone else in the industry.

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Related Topix: Zillow, Financial Services

Tue Jul 29, 2014

MarketWatch

The Wall Street Journal: J.P. Morgan cutting hundreds of tech-support jobs

J.P. Morgan Chase & Co. is cutting hundreds of technology-support employees in its corporate and investment bank as part of an overall push to trim expenses as the bank battles sluggish revenue, a person familiar with the matter said.

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Related Topix: Banking, JP Morgan Chase , Financial Services

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