Moneyhouse after ‘underserved’ U.S. Hispanic population
July 22, 2013
Moneyhouse, a Puerto Rico-based private equity lender and frontrunner in reverse mortgage closings, is awaiting approval for licenses to operate in California and Illinois to continue its stateside expansion, company officials said.
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Popular Inc. reports $328M in 2Q net income
July 19, 2013
Buoyed by a triple-play of significant transactions, Popular Inc., Banco Popular de Puerto Rico's parent company, reported net income of $327.5 million for the quarter ended June 30, 2013, compared to a net loss of $120.3 million for the quarter ended March 31, 2013.
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Santander shuffles top leadership, appoints new Puerto Rico head
July 17, 2013
Banco Santander Puerto Rico announced Tuesday the appointment of Román Blanco, who less than a year ago took over the reins of the island’s operations, as CEO of Santander Holdings USA and Sovereign Bank.
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