acquisition binge, chief executive Kerry K. Killinger is looking to transform Washington Mutual Inc.'s business so it more closely resembles that of a commercial bank.

That means big acquisitions are out and higher-yielding loans are in, Mr. Killinger said on a visit to Wall Street on Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.