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Popular Inc. CEO: ‘The 3 local banks that will remain will compete fiercely’

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Popular Inc. CEO: ‘The 3 local banks that will remain will compete fiercely’
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News is My Business

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October 24, 201901090

Popular Inc. CEO: ‘The 3 local banks that will remain will compete fiercely’

If the two banking consolidations currently underway in Puerto Rico materialize, after the dust settles, the trio of big financial institutions that

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October 23, 20190518

First BanCorp. reports $46.3M in net income for 3Q19

First BanCorp., parent company of FirstBank Puerto Rico reported net income of $46.3 million, or $0.21 per diluted share, for the third quarter of 2

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October 22, 20190687

First BanCorp. to buy Banco Santander Puerto Rico in $1.1B transaction

First BanCorp., parent of FirstBank Puerto Rico, announced the signing of a stock purchase agreement for FirstBank to acquire Spanish bank Banco Sant

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October 22, 20190646

Oriental CEO says P.R. economy ‘transitioning,’ as co. reports 3Q19 results

Oriental CEO José Rafael Fernández believes Puerto Rico has an economy that is “transitioning, from not only the aftermath of [Hurricane] María

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October 8, 20190838

Popular and Visa launch ‘contactless’ payment technology in P.R.

Banco Popular and Visa announced the debut in Puerto Rico of contactless payment technology for their Visa credit card portfolio. As of today, al

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September 6, 20190887

MCS invests $1M+ to promote health, wellness islandwide

MCS is launching its “Tu Ruta al Bienestar” program with an investment of more than $1 million, expanding its role in community locations through

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August 22, 201901076

P.R’s banking regulator sees ‘no major obstacle’ to Oriental-Scotiabank merger

Puerto Rico’s Office of Financial Institutions Commissioner George Joyner said although the deal is pending regulatory approvals, he sees “no maj

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August 14, 20190881

Oriental files applications to regulators for approval of proposed Scotiabank purchase

OFG Bancorp announced it has filed applications at four regulatory agencies for consent of its proposed acquisition of Scotiabank de Puerto Rico, acc

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August 8, 201901241

National, MBIA Insurance sue Wall Street banks for role in P.R.’s fiscal crisis

National Public Finance Guarantee Corporation and MBIA Insurance Corporation filed suit in the San Juan Superior Court against eight Wall Street bank

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July 26, 201902174

OFG Bancorp clears 1st hurdle in acquisition of Scotiabank’s USVI operations

OFG Bancorp, parent company of Oriental Bank, announced the Virgin Islands Banking Board approved the first regulatory step related to the acquisitio

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