Aurelio Alemán, CEO of FirstBank, has been elected president of the Puerto Rico Bankers Association, effective July 1. The executive’s term extends through Sept. 30, 2012.
The luxury Dorado Beach, a Ritz Carlton Reserve property in Dorado is slated to open in December, when it will become the first property to fly that flag in the Americas, developers and government officials said Tuesday.
Ten months after South Florida-based BBU Bank acquired and merged Banesco International Bank Corp. into its mainland U.S. domestic banking operations, it will be changing its name to Banesco USA, the banking institution’s CEO Rafael "Rafo" Saldaña said.