All posts in Banking

Puerto Rico’s vibrant and internationally recognized banking systems continuously strive for stability and growth.

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” ...

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 ...

CEO: FirstBank making strides despite economic woes
December 9, 2016, No Comments

Puerto Rico’s second-largest bank, FirstBank, wrapped up 2016 with significant growth both locally and across its mark ...

Lawyers: UBS hit with $18M FINRA arbitration verdict
December 6, 2016, 2 Comments

UBS Financial Services Inc. and UBS Financial Services Inc. of Puerto Rico were slammed with an $18 million arbitration ...

Bankers Assoc., FDIC offer annual compliance seminar
December 5, 2016, No Comments

The Puerto Rico Bankers Association of Puerto Rico, jointly with the Federal Deposit Insurance Corporation, recently hos ...

FINRA fines Merrill Lynch $7M; $780K goes to PR clients
December 1, 2016, 2 Comments

The Financial Industry Regulatory Authority (FINRA) announced Wednesday it has fined Merrill Lynch, Pierce, Fenner & Smi ...