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Florida purchase puts John Kanas back in banking
Long Island banking titan John Kanas, along with several high-profile investors, has acquired BankUnited FSB, a failing Coral Gables, Fla.-based bank, and will serve as its chairman and chief executive, Kanas confirmed last night.
Federal regulators closed the troubled BankUnited yesterday, saying it was "in an unsafe condition to conduct business." The bank was then put into the hands of...
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