NYSE:WM

E324957

NYSE:WM was the ticker symbol for Washington Mutual, a former major U.S. savings and loan association that became one of the largest bank failures in American history during the 2008 financial crisis.

All labels observed (1)

Label Occurrences
NYSE:WM canonical 3

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf defunct company
financial services company
savings and loan association
acquiredBy JPMorgan Chase
acquisitionMethod purchase of banking operations from FDIC receivership
cityOfHeadquarters Seattle
collapseContext 2008 global financial crisis
country United States of America
surface form: United States
delistedFrom New York Stock Exchange
delistingReason seizure by U.S. regulators
dissolved 2008
formerName Washington Mutual
surface form: Washington Mutual Savings Bank
foundedBy C. J. Smith
hadNumberOfEmployees over 40,000 (approximate, mid-2000s)
hadReputationFor customer-friendly retail branches
hadSubsidiary Washington Mutual
surface form: Washington Mutual Bank

Washington Mutual
surface form: Washington Mutual Bank, F.A.
headquartersLocation Seattle, Washington, United States
surface form: Seattle, Washington
inception 1889
industry banking
financial services
mortgage lending
ISIN US9393221034
legalForm public company
locatedInTimeZone Pacific Time Zone
mainCompetitor Bank of America
Wachovia
Wells Fargo
notableEvent largest bank failure in U.S. history at the time
notableFor aggressive expansion in mortgage lending
failure during subprime mortgage crisis
operated home loan centers
retail bank branches
parentCompanyAfterAcquisition JPMorgan Chase
product checking accounts
consumer loans
credit cards
mortgage loans
savings accounts
reasonForDissolution failure during the 2008 financial crisis
regulator Office of Thrift Supervision
seizedBy Federal Deposit Insurance Corporation
servedMarket mortgage borrowers
retail banking customers
serviceArea United States of America
surface form: United States
stateOfHeadquarters Washington
stockExchange New York Stock Exchange
tickerSymbol NYSE:WM self-linksurface differs
tradedAs NYSE:WM self-linksurface differs

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Washington Mutual tradedAs NYSE:WM
NYSE:WM tickerSymbol NYSE:WM self-linksurface differs
subject surface form: Washington Mutual
NYSE:WM tradedAs NYSE:WM self-linksurface differs
subject surface form: Washington Mutual