All posts in Financial District

Moody’s: PR banks buffers improved vs. recession
February 10, 2017, No Comments

Moody's-rated Puerto Rican banks, Banco Santander Puerto Rico, Banco Popular de Puerto Rico and FirstBank Puerto Rico ha ...

FirstBank launches lawyer trust deposit account
February 9, 2017, No Comments

FirstBank and the Access to Justice Fund Foundation announced the launching of the Interest on Lawyer Trust Account (“ ...

First BanCorp.’s private equity groups selling 20M shares
February 2, 2017, No Comments

First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Wednesday that certain stockholders have c ...

OFG Bancorp reports $12.1M in 4Q16 net income
February 1, 2017, No Comments

OFG Bancorp reported Tuesday results for the fourth quarter, reflecting an increase in net income available to sharehold ...

First BanCorp. reports $23.9M in net income for 4Q16
January 27, 2017, No Comments

First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Thursday net income of $23.9 million for th ...

Popular reports $1.4M net loss in 4Q16
January 25, 2017, No Comments

Popular Inc. reported a net loss of $4.1 million for the quarter ended Dec. 31, 2016, compared to net income of $46.8 mi ...

Public can vote on PR Financial Awareness video contest
January 9, 2017, No Comments

The Puerto Rico Bankers Association is asking the general public to cast their vote for the “People's Choice Award” ...

Assured Guaranty pays $42M to insured PR bondholders
January 5, 2017, No Comments

Two bond insurance subsidiaries of Assured Guaranty Ltd., together with its subsidiaries, Assured Guaranty, have made in ...

DCDB Group to offer enhanced services to P.R. banks
December 29, 2016, 1 Comment

DCDB Group, a global financial services consultancy firm, and Elevation, the consulting arm of NACHA–The Electronic Pa ...

Popular will record $115M loss after losing FDIC dispute
December 15, 2016, No Comments

Banco Popular de Puerto Rico lost its appeal before a review board over a dispute with the Federal Deposit Insurance Cor ...