Banking

• Paying the Bank Interest to Hold Your Deposits? What Gives?

  WASHINGTON – The idea sounds preposterous: Pay the bank to hold your money? But...

  • Posted January 30, 2016
• AP Spin Meter: Sanders says he’ll Quickly Break Up big Banks

  WASHINGTON – Battling across Iowa ahead of the first-in-the-country vote on Monday, Hillary Clinton...

  • Posted January 30, 2016
• Bankers Association Calls for Quick Passage of Prepa Revitalization Bill

  SAN JUAN – The Puerto Rico Bankers Association has called on the the island’s...

  • Posted January 29, 2016
• First BanCorp Posts Net Income of $15M in 4Q, $21.3M for 2015

  SAN JUAN – First BanCorp, the bank holding company for FirstBank Puerto Rico, on...

  • Posted January 29, 2016
• Visa Beats Street 1Q Forecasts, but Dollar Remains a Drag

  NEW YORK – Visa said Thursday that its fiscal first-quarter results rose 24 percent...

  • Posted January 28, 2016
• 6 Brokers Cleared of Market Rate-Rigging in UK

  LONDON – A British court on Thursday cleared six brokers of trying to fix...

  • Posted January 28, 2016
• Spain Activists, Whistleblower Creating Digital Pay System

  BARCELONA, Spain – A prominent French whistleblower and Spanish anti-corruption activists who triggered an...

  • Posted January 28, 2016
• Merion Capital Maintains Neutral Rating on Oriental Despite Prepa RSA Extension

  SAN JUAN – In a company update released Thursday, Merion Capital Group announced it...

  • Posted January 28, 2016
• Deutsche Bank Scraps top Management Bonuses after Big Loss

  FRANKFURT, Germany – Deutsche Bank co-CEO John Cryan says the group is making “good...

  • Posted January 28, 2016
• Cossec Reports Moderate Increase in Credit Unions’ Loans Portfolio

  SAN JUAN – There has been a moderate increase in the loans portfolio of...

  • Posted January 27, 2016