Banco Popular, a subsidiary of Popular Inc., last week celebrated 50 years of service in New York, where it opened its first branch in the Bronx in November 1961. Today, Popular ranks 36th by assets among U.S. banks, the company said.
Less than 24 hours after the Telecommunications Regulatory Board made public a resolution and order that seemingly granted the cable television franchise license Puerto Rico Telephone (Claro) has been seeking since 2008, agency President Sandra Torres said Friday the decision is “null” because its content is radically different from what was discussed earlier this year.
Changes in federal regulations and the impact of the newly created Consumer Financial Protection Bureau on the local banking industry will be discussed for the next two days during the fifth edition of the “Minority Depository Training Seminar” co-sponsored by the Puerto Rico Bankers Association and the Federal Deposit Insurance Corporation.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
