Banking

• First BanCorp Shines, OFG Bancorp Fizzles in Fourth Quarter

  Executives comment on impact of island’s fiscal and debt woes As the island’s No....

  • Posted February 5, 2016
• Popular Declares Dividends on its Preferred Shares

  SAN JUAN – Popular Inc. announced Thursday that it has declared the following monthly...

  • Posted February 4, 2016
• Chance Of UK Rate Increase Fades amid Global Uncertainty

  LONDON – The likelihood that the Bank of England will raise interest rates in...

  • Posted February 4, 2016
• Popular Community Bank Introduces Person to Person Payments

  SAN JUAN – Popular Community Bank, a stateside subsidiary of Puerto Rico-based Popular Inc.,...

  • Posted February 3, 2016
• UBS Bank Shares Plunge as Rich Investors Withdraw Money

  FRANKFURT, Germany – Swiss bank UBS saw its shares slide on Tuesday on news...

  • Posted February 2, 2016
• 
  Financial Awareness Video Contest Winners Recognized

  Initiative Has Become Popular Among Puerto Rico’s College Students The Puerto Rico Bankers Association...

  • Posted February 1, 2016
• Scotiabank to Acquire Citigroup Operations in Panama, Costa Rica

  SAN JUAN – Scotiabank announced Monday that it has acquired Citigroup’s consumer and commercial...

  • Posted February 1, 2016
• OFG Bancorp Posts 4Q Loss of $977,000

  SAN JUAN –  Oriental Bank’s holding company, OFG Bancorp, reported Monday a fourth-quarter loss...

  • Posted February 1, 2016
• China Company Accused of Fleecing Investors of $7.6 Billion

  BEIJING – Police arrested the maverick founder of China’s largest online finance business on...

  • Posted February 1, 2016
• Banks Reach $154.3 Million Settlement on “Dark Pool” Fraud

  WASHINGTON – Two major global banks, Barclays and Credit Suisse, are paying a combined...

  • Posted January 31, 2016