Providian Financial Corp.

News & Analysis

providian financial corp. - All News and Analysis

• Prosper Strengthens Management Team

  - 2007-03-19

  Rob Klapper Appointed CMO and Kirk Inglis Appointed CFO SAN FRANCISCO -- Prosper (http://www.prosper.com), America's first people-to-people lending marketplace, today announced the appointment of consumer financial services marketing veteran Robert Klapper to the position of Chief Marketing Officer, and finance and operating performance expert Kirk Inglis to the position...

  Tags: CFO, Charles Schwab & Co. Inc., FINANCE, MARKETING, Providian Financial Corp., team

• Washington Mutual Announces Final Results of Tender Offer for 4% Convertible Senior Notes due May 15, 2008

  - 2005-11-07

  SEATTLE -- New American Capital, Inc. (the "Company"), a wholly owned subsidiary of Washington Mutual, Inc. (NYSE:WM), announced today the final results of its previously announced cash tender offer for any and all of its outstanding 4% Convertible Senior Notes due 2008 (the "Notes"). The Notes were originally issued by...

  Tags: IBM Lotus Notes, Providian Financial Corp., Washington Mutual Inc.

• Washington Mutual Completes Acquisition of Providian Financial

  - 2005-10-03

  SEATTLE -- Washington Mutual, Inc. (NYSE:WM), today announced the company has completed its acquisition of Providian Financial in a stock and cash transaction valued at approximately $6.1 billion. For each share of Providian common stock, Providian stockholders will receive 0.4005 shares of Washington Mutual common stock and $2.00 in cash.

  Tags: acquisition, Providian Financial Corp., Washington Mutual Inc.

• Fitch Upgrades Providian on Acquisition by Washington Mutual

  - 2005-10-03

  NEW YORK -- Washington Mutual, Inc. ('A/F1'; Stable Outlook) has completed the acquisition of Providian Financial Corp. As a result, Fitch Ratings has upgraded Providian Financial Corp. PVN to align its ratings with those of Washington Mutual WM. Simultaneously, Fitch has withdrawn certain Providian ratings, as those entities are no...

  Tags: acquisition, Providian Financial Corp., Washington Mutual Inc.

• Providian Financial Shareholders Approve Merger with Washington Mutual

  - 2005-08-31

  SAN FRANCISCO -- Providian Financial Corporation (NYSE:PVN) today announced that shareholders have approved the Company's merger with Washington Mutual. 83% of the 237,791,081 shares voted were in favor of the merger (67% of the total outstanding shares). A majority of the total outstanding shares were needed for approval. The results...

  Tags: merger, Providian Financial Corp., shareholder, Washington Mutual Inc.

• Putnam Intends to Vote Against Proposed Merger of Providian Financial Corporation with Washington Mutual Inc

  - 2005-08-01

  BOSTON -- Putnam Investments and the Board of Trustees of the Putnam Mutual Funds today announced that they intend to vote shares of Providian Financial Corporation held in client accounts and the Funds, respectively, against the proposed merger of Providian with Washington Mutual, Inc.

  Tags: merger, Providian Financial Corp., Putnam, Washington Mutual Inc.

• Providian Financial Corporation Reports Second Quarter 2005 Earnings Results; Earnings up Strongly over Prior Year; Company Posts Solid Loan Growth; Credit Quality Continues to Improve

  - 2005-07-21

  SAN FRANCISCO -- Providian Financial Corporation (NYSE:PVN) today announced net income for the second quarter of 2005 of $225.3 million, or $0.67 per diluted share, compared to net income of $49.9 million, or $0.16 per diluted share, in the second quarter of 2004. The results were positively affected by the...

  Tags: net income, Providian Financial Corp.

• Providian Financial Corporation Announces Special Meeting

  - 2005-07-20

  SAN FRANCISCO -- Providian Financial Corporation (NYSE:PVN) today announced that its Board of Directors has set August 31, 2005, as the date for its special Shareholders Meeting to consider and vote upon its proposed merger with Washington Mutual. All shareholders of record on August 1, 2005, will be eligible to...

  Tags: Providian Financial Corp.

• At the All-Star Break, Providian Financial's K's For Kids Program Raises $22,750 for Bay Area Children

  - 2005-07-14

  SAN FRANCISCO -- First graph, first sentence of release should read: Midway through the 2005 Major League Baseball season, two-time all-star pitcher Jason Schmidt and his San Francisco pitching team mates have earned $22,750 for two Bay Area children's charities (sted $222,750).

  Tags: Providian Financial Corp.

• Providian Financial Corporation Announces Second Quarter 2005 Earnings Conference Call

  - 2005-07-05

  SAN FRANCISCO -- Providian Financial Corporation (NYSE:PVN) today announced it will hold its second quarter 2005 earnings conference call on Thursday, July 21, 2005, at 5:00 p.m. Eastern Time.

  Tags: Providian Financial Corp.