INTERVIEW-UPDATE 3-BankUnited sees opportunity in property bust
* New BankUnited CEO says there are no "panicky customers"
* CEO, banking veteran John Kanas, says no layoffs planned
* Sees big opportunity in collapsed Miami property market
(Adds details of consortium stakes, regulator comments)
By Jim Loney
MIAMI, May 22 (Reuters) - The collapsed Miami property market that helped trigger the failure of BankUnited presents a big opportunity for the recapitalized Florida-based lender in the hands of new owners, its chief executive said on Friday.
BankUnited's 85 branches reopened to "business as usual" after the U.S. government closed the bank on Thursday and sold it to investors, and there was no sign of panic among customers, said banking industry veteran John Kanas, who also took over as BankUnited Financial Corp BKUNA.O chairman.
Bank regulators seized the lender and sold it to some of the most powerful private equity firms in the world, including WL Ross & Co, Carlyle Group, Blackstone Group, and Centerbridge Partners. They put up $900 million of capital in the rescue. Continued...



UK
US