Regulator OKs Washington Mutual-Providian Deal

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00004277-regulator-oks-washington-mutual-providian/

Washington Mutual Inc., the largest U.S. savings and loan, on Wednesday said a federal regulator approved its $6.45 billion acquisition of credit card issuer Providian Financial Corp.

Seattle-based Washington Mutual said the U.S. Treasury Department’s Office of Thrift Supervision approved the purchase of Providian National Bank by Washington Mutual Bank, its main operating unit.

For this complete story, please visit Regulator OKs Washington Mutual-Providian Deal.

Regulator OKs Washington Mutual-Providian Deal

Unknown Author

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