(NEW YORK)Shares of BankUnited Financial Corp. continued their slide on Monday, showing the biggest decline on the Standard & Poor's SmallCap 600 Index following a market-wide sell-off l...READ MORE
(TROY, Mich.)Flagstar Bancorp Inc. raised $94 million by selling 12 million shares of stock and a special class of preferred stock, the bank said Tuesday. Flagstar sold most of the common stock...READ MORE
(NEW YORK)The Standard & Poor's SmallCap 600 Index traded lower on Friday as oil prices broke a new record near $128 a barrel and consumer confidence plunged to its lowest level in 28 ye...READ MORE
(NEW YORK)The credit crisis has taken a toll on national and investment banks, but is only now starting to rock smaller, regional banks. It is a problem that is likely to stick around for th...READ MORE
(TROY, Mich.)Flagstar Bancorp Inc. said Tuesday its board suspended its first-quarter dividend due to turmoil in the capital markets. "Although we are seeing strong loan production, increasing ...READ MORE