TITLE

BankUnited Increases Its Loss Forecast

AUTHOR(S)
Kuehner-Hebert, Katie
PUB. DATE
January 2009
SOURCE
American Banker;1/29/2009, Vol. 174 Issue 19, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that BankUnited Financial Corp. announced that it expected to lose $607 million in the company's 2008 fourth quarter, more than it had originally expected to lose in that time period. The banking company is under a regulatory order to raise capital or risk seizure, the article states. The company also indicated that it planned to file an annual report in February 2009.
ACCESSION #
36461862

 

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