Fitch affirms BankUnited

Fitch Ratings said it affirmed BankUnited, Inc.'s short-term issuer default rating at F2 and removed the rating from under criteria observation.

No other ratings were affected by this action.

The agency said the under criteria observation had been assigned to the bank's short-term issuer default rating along with nine other North American banks on May 6, following the publication of Fitch's cross-sector criteria for short-term ratings on May 2.

A long-term issuer default rating of BBB maps to a short-term issuer default rating of either F2 or F3, Fitch said.

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