Federal regulators seized Florida’s BankUnited FSB on Thursday, the biggest bank failure this year, one that the Federal Deposit Insurance Corp. estimates will cost its weakened insurance fund $4.9 billion.
BankUnited, which was owned by holding company BankUnited Financial Corp., is the second-costliest bank failure of the financial crisis, trumped only by IndyMac Bank, which failed in July at an estimated cost to the FDIC of about $11 billion.
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