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Four private-equity investors have sold their remaining stakes in BankUnited (BKU) in Miami Lakes, Fla., for almost $393 million.
March 10 -
Four shareholders of BankUnited (BKU) in Miami Lakes, Fla., plan to sell up to $291 million of common stock.
January 29 -
BankUnited (BKU) in Miami Lakes, Fla., has promoted Mark Bagnoli to become its chief risk officer.
December 12 -
BankUnited (BKU) in Miami Lakes, Fla., reported quarterly earnings that were in line with Wall Street expectations.
January 23 -
The Florida company's initial backers made a lot of money from a 2009 government-backed deal. Still, BankUnited's PE backers say the final sale of their stake in the resurrected lender is bittersweet.
March 12
BankUnited (BKU) in Miami Lakes, Fla., has hired a former insurance agency executive to oversee its retail operations in Florida.
The $14.9 million-asset company said Wednesday that it had hired Thomas Cornish, ending a four-year search. John Kanas, BankUnited's chairman, president and chief executive, said in an interview that Cornish was a "perfect match" to manage the company's growth in its home state.
BankUnited has 99 branches in 15 Florida counties.
Cornish was previously been the president and chief executive officer of Marsh & McLennan Agency for the Florida region, which serves the insurance needs of middle-market companies and affluent individuals. Earlier in his career, he was the city president for Miami at SunTrust (STI).
Cornish "is a well-known executive in Florida who has a longstanding knowledge of the market," Kanas said. "He will help our growth trajectory in Florida in a meaningful way."
