WaMu still weighing sale, capital raising

PHILADELPHIA/NEW YORK (Reuters) - Washington Mutual Inc, the large U.S. savings and loan beleaguered by mortgage losses, continues to explore all options, such as talking to potential buyers or raising capital, sources familiar with the situation said on Thursday.

Washington Mutual has yet to secure a quick takeover bid, although sources cautioned it was early in the auction process.

Potential suitors such as JP Morgan Chase & Co and Wells Fargo & Co have yet to submit formal offers, although negotiations are continuing with several parties that have expressed interest, sources said.

In addition to JP Morgan and Wells Fargo, the possible suitors include HSBC Holdings Plc and Citigroup Inc, a source familiar with the situation previously told Reuters.

WaMu still weighing sale, capital raising....