BankUnited Capital Caution

Kuehner-Hebert, Katie
December 2008
American Banker;12/18/2008, Vol. 173 Issue 243, p1
Trade Publication
The article reports that BankUnited Financial Corp. may be closed down if it fails to meet a regulatory requirement by the U.S. Office of Thrift Supervision to secure additional capital. The $14.2 billion-asset company suffered several consecutive quarterly losses as it struggled to overcome exposure to souring option adjustable-rate mortgages.


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