Banking

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  Promesa Watch: Prepa, GDB Deals Move Coops Away from Risks

  Gov’t Negotiations Leave Coops With Cushion to Absorb Losses; Lack Agreement With Bondholders Over...

  • Posted August 6, 2018
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  Court could hear Puerto Rico GDB’s debt-restructuring deal in November

  Title VI proceeding must begin by Aug. 17 to increase likelihood

  • Posted August 1, 2018
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  Popular completes acquisition of Wells Fargo’s auto finance business in Puerto Rico

  Wells Fargo retained $385 million in auto loans and entered into a loan servicing...

  • Posted August 1, 2018
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  EVERTEC posts 10% growth in 2nd quarter

  Increases annual guidance

  • Posted August 1, 2018
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  Puerto Rico Economic Development Bank offers business-continuity loan

  Up to $50,000 available to eligible applicants for working capital and purchase of equipment,...

  • Posted July 30, 2018
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  Banesco USA reports ‘strong’ results thanks to Florida, Puerto Rico

  Where it has its 5 branches

  • Posted July 26, 2018
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  FirstBank CEO: We achieved another solid quarter of profitability

  Holding company reports $3 million rise in 2Q18 net income vs same quarter last...

  • Posted July 25, 2018
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  G20: Trade is key engine of economic growth

  IMF Managing Director Lagarde says world economy facing risks from 'rising trade tensions'

  • Posted July 23, 2018
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  Popular pleased with 2nd-quarter results

  Announces $125 million common stock repurchase plan

  • Posted July 23, 2018
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  Bill introduced to amend Fair Housing Act to bar rejection of US territory income

  Resident commissioner seeks to ease homebuying for those now stateside after Hurricane Maria

  • Posted July 23, 2018