BankUnited added to list of banks ending ties with Trump
The Florida lender is the latest financial firm that said it has stopped working with former President Donald Trump. ... Read full article
News Topic: BankUnited
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BankUnited, Cadence feeling restaurants’ pain from pandemic
The lenders are bracing for spikes in delinquencies or defaults on loans to a sector heavily punished by social distancing measures. ... Read full article
Food delivery apps to blame for stressed restaurant loans: BankUnited
As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh. ... Read full article
BankUnited unloads nearly all of its remaining taxi loans
The Florida bank sold $344 million of taxi-medallion and other loans in the fourth quarter, saying it was positioning itself for the future. ... Read full article
Easing of taxi medallion issues, loan growth boost BankUnited
The Florida bank set aside much less money to cover soured medallion loans in the third quarter, and total loans rose more than 7%. ... Read full article
John Kanas to retire from banking — again
Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year. ... Read full article
BankUnited's earnings gets boost from net interest income
BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased. ... Read full article
BankUnited's taxi loan move pays off
The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter. ... Read full article