As Puerto Ricans exercise their right to vote in tomorrow’s general elections, many eyes will be fixed on how the chain of events that have hit the island since the last cycle — including the hurricanes, political crises and the failed primaries, as well as the COVID-19 pandemic — will affect the so-called political tradition. […]
In the 45 days since it completed its acquisition of Banco Santander de Puerto Rico’s assets, First BanCorp has made strides in the integration of both operations, having already completed the conversion of the mortgage business, the insurance agency, and several administrative duties. The plan is to complete the integration process by the end of […]
Financial transactions processing firm Evertec reported total revenue for the quarter ended Sept. 30, 2020 of $136.5 million, an increase of 15% compared with $118.8 million in the prior year. The company attributed the revenue increase in the quarter to sales volume growth and a “high average ticket” as businesses reopened in Puerto Rico following […]
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