Banking

• UBS Ordered to Pay $1.45M to Puerto Rico Investor in Bond Case

  SAN JUAN – According to a Thursday night ruling by a Financial Industry Regulatory...

  • Posted February 19, 2016
• New Strategic Plan Approved for COSSEC

  SAN JUAN – A new strategic plan has been approved for the for the...

  • Posted February 17, 2016
• Popular to Compete Against Samsung Pay With its Own Android Application

  Mobile Wallets is One of Three Payment Projects Bank Will Launch in 2016 Popular—which...

  • Posted February 16, 2016
• Puerto Rico’s Auto Loans Portfolio Fell 2.6% to $6.5B Through Last September

  While Puerto Rico’s new-vehicle market fell 7.8% to 81,353 new units sold last year,...

  • Posted February 16, 2016
• Merion Capital Upgrades OFG Bancorp Rating after House approval of Prepa Bill

  SAN JUAN – In his latest company update on OFG Bancorp, Joe Gladue, Merion...

  • Posted February 16, 2016
• World Stocks Rally After Japan’s Nikkei Jumps 7.2 Percent

  HONG KONG – World stocks rallied on Monday, led by a jump in Japan’s...

  • Posted February 15, 2016
• ECB Chief: Parts of Europe Banking System ‘Face Challenges’

  FRANKFURT, Germany – European Central Bank head Mario Draghi says some eurozone banks “face...

  • Posted February 15, 2016
• HSBC to Keep HQ in London, Decides Against Move to Asia

  LONDON – Britain’s biggest bank is staying put. HSBC Holdings plc said it will...

  • Posted February 15, 2016
• Japan’s Economy Contracts in Latest Setback for Abe Recovery

  TOKYO – Japan’s economy contracted at a worse than expected 1.4 percent annual pace...

  • Posted February 15, 2016
• Visa Discloses Stake in Dorsey’s Company, Square

  NEW YORK – Shares in the mobile payment services company Square rose sharply Friday...

  • Posted February 12, 2016