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Economy

Federal regulators give BankUnited 20 days to find buyer

Martha Brannigan - Miami Herald

April 16, 2009 04:55 PM

Federal regulators gave BankUnited 20 days to merge or find a buyer to raise its depleted capital to acceptable levels.

Officials at BankUnited, the main unit of BankUnited Financial Corp., didn't immediately return phone calls seeking comment on the government order, which set the clock ticking April 14 and puts it at imminent risk of government takeover. BankUnited, which has assets of about $14 billion, is the largest financial institution based in Florida.

Read the complete story at miamiherald.com

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Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

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