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Eight months after abandoning plans to sell itself, BankUnited (BKU) in Miami Lakes, Fla., is once again weighing offers from potential buyers, the New York Post reported Friday.
August 17 -
John Kanas' BankUnited seems like a small threat now, but Capital One fought hard to protect its standing in the prized Northeastern market down the road.
June 20 -
BankUnited issued a press release confirming rumors that it did in fact engage an investment bank to find a possible buyer for the company, but has opted to stay independent.
January 19
John A. Kanas seems set to run BankUnited (BKU) for the foreseeable future despite ongoing rumors that
The Miami Lakes, Fla., company said Wednesday that Kanas signed a new three-year employment contract. He is the company's chairman, president and chief executive, taking on those roles after a group backed by private equity bought the failed thrift in May 2009. The retooled company went public last year.
BankUnited's disclosure of a new employment agreement with Kanas comes on the heels of
"The excitement generated by the bank's success thus far has energized the entire management team, and me in particular," Kanas said in a press release Wednesday. "We continue to believe that our best years lie ahead as we recommit ourselves to the growth and expansion of BankUnited."
Bank United also agreed to extended contracts with John Bolson, its vice chairman and chief lending officer, and Rajinder Singh, the chief operating officer. Bolson and Kanas also reached an accord this summer with Capital One Financial (COF), their former employer, to settle legal claims that the executives