Banking

• Dividends on the Chopping Block as Profit Growth Peters Out

  NEW YORK – The dividend gravy train is slowing down, threatening an important source...

  • Posted January 5, 2016
• European Banks Disburse $200M for Santo Domingo Thermoelectric Plant

  SAN JUAN – A pool of European banks disbursed $200 million in financing toward...

  • Posted January 5, 2016
• Eurozone Inflation Holds Steady at Low Rate of 0.2 Percent

  LONDON – Lower energy costs kept a lid on inflation across the 19-country eurozone...

  • Posted January 5, 2016
• Popular Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities

  SAN JUAN — Popular Inc. announced Monday that it has declared the following monthly...

  • Posted January 4, 2016
• 
  Puerto Rico Stock Index lost 22.36% in 2015

  SAN JUAN – The Puerto Rico Stock Index (PRSI) lost 504.05 points, or 22.36%...

  • Posted January 4, 2016
• Global Stocks Sink after Shanghai Index Dives 7 Percent

  SEOUL, South Korea – Chinese stocks plunged nearly 7 percent Monday, triggering an emergency trading...

  • Posted January 4, 2016
• US Pending Home Sales Slip In November

  WASHINGTON – Fewer people signed contracts to purchase homes in November, as the real...

  • Posted December 31, 2015
• US Pending Home Sales Slip In November

  WASHINGTON – Fewer people signed contracts to purchase homes in November, as the real...

  • Posted December 30, 2015
• Ambac (AMBC) Releases Letter to Puerto Rico Governor on Illegal PRIFA Clawback

  NEW YORK – Ambac Financial Group, Inc. (Nasdaq: AMBC) announced Tuesday that Ambac Assurance...

  • Posted December 30, 2015
• USVI Legislators To Debate Hovensa Deal With US Equity Firm

  CHARLOTTE AMALIE, U.S. Virgin Islands (AP) – Legislators in the U.S. Virgin Islands are...

  • Posted December 30, 2015