DCDB Group to offer enhanced services to P.R. banks
December 29, 2016
DCDB Group, a global financial services consultancy firm, and Elevation, the consulting arm of NACHA–The Electronic Payments Association, administrator of the U.S. ACH Network, have formed a strategic partnership.
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Popular will record $115M loss after losing FDIC dispute
December 15, 2016
Banco Popular de Puerto Rico lost its appeal before a review board over a dispute with the Federal Deposit Insurance Corp. earlier this year that will result in a $115 million pre-tax charge for the quarter ended Dec. 31, the bank confirmed Wednesday.
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CEO: FirstBank making strides despite economic woes
December 9, 2016
Puerto Rico’s second-largest bank, FirstBank, wrapped up 2016 with significant growth both locally and across its markets in the U.S. Virgin Islands and Florida, and is looking ahead to more advances in 2017, CEO Aurelio Alemán said Thursday.
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