In a letter sent to Doral Bank earlier this week, the Federal Deposit Insurance Corp. advised the financially crippled bank to “accept an offer to combine with another insured depositary institution,” or improve its capital levels to once again be considered as “adequately capitalized.”
Puerto Rico is preparing to welcome 71 groups that will be on the island in February and March to carry out their winter meetings, conventions and conferences that could translate into a $20 million direct benefit to the economy, Meet Puerto Rico President Milton Segarra said Wednesday.
Puma Energy's entry into Puerto Rico’s liquefied petroleum gas market late last year has “had a positive impact on the price of the product commercially,” Julio Martínez- Colón, sales manager of the company’s LPG division, said Wednesday.