Banking – News is My Business

August 14, 20190356

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

August 8, 20190439

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

July 26, 20190721

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

July 25, 20190437

Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $171.1 million for the quarter ended June 30, 2019, compared to

July 24, 20190454

First BanCorp. reported net income of $41.3 million, or $0.19 per diluted share, for the second quarter of 2019, compared to $43.3 million, or $0.20

July 23, 20190689

Upon revealing a 3.3% net revenue increase to $99.2 million from $96 million during the second quarter, Oriental CEO José Rafael Fernández said the

July 17, 201901025

The New York Fed announced it is launching its “Investment Connection” program to boost investments in regional community development financing.

July 4, 201901615

A Key Biscayne, Florida, resident and the former CEO of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison follo

June 26, 201901782

OFG Bancorp’s subsidiary Oriental Bank will acquire Scotiabank’s Puerto Rico operation for $550 million and its U.S. Virgin Island branch operati

June 11, 20190724

In keeping with its commitment to small businesses, Oriental granted a loan of some $2.8 million to Evinmotors, for the purchase of a commercial prop