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BankUnited

Consortium wins BankUnited auction

A group including investors such as Blackstone, Carlyle, Centerbridge and WLRoss won an auction for BankUnited on Thursday after the Florida lender – worth nearly $13bn by assets – was closed by federal regulators in the biggest US bank failure of 2009. More…

BankUnited fails, long live BankUnited

FDIC has pre-empted the traditional Bank Failure Friday with the announcement that BankUnited had become the largest US bank failure this year.

From the press release:

BankUnited, a newly chartered federal savings bank, More…

Ross and Carlyle eye BankUnited

Two leading forces in the investment industry, distressed asset investor Wilbur Ross and the Carlyle private equity group, are considering a joint bid for BankUnited Financial, a troubled Florida-based bank with $14bn in assets. More…