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CertusBank's chief executive, who joined the Greenville, S.C., company after its founders were fired last year, has left his post due to a medical issue.
May 8 -
The "dream team" of bankers who set up Greenville, S.C.-based CertusBank attracted half a billion dollars from hedge funds to buy failed banks. Lately, the focus has shifted to big losses, lavish spending and payments to a consulting firm owned by top executives.
March 27 -
BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.
April 24
BankUnited in Miami Lakes, Fla., has hired a former Wells Fargo banker to run its small business finance department.
The $20 billion company said in a press release Monday that Hakim Kassam will serve as the unit's national sales manager. He had been at Wells Fargo's Fort Lauderdale operations.
BankUnited bolstered its small business lending last week when it bought the small business finance unit of CertusHoldings in Greenville, S.C.
Kassam "is an authoritative expert on small business financing, who will lead and grow BankUnited's small business finance department," John Kanas, BankUnited's chairman, president and chief executive, said in the release.
