FDIC: Doral ‘significantly undercapitalized;’ stock plunges
October 2, 2014
Doral Financial Corp.’s stock plunged nearly 25 percent Wednesday after disclosing it had received a warning by Federal Deposit Insurance Corp. that it falls within its “significantly undercapitalized” category.
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Popular Inc. announces new president, executive VP
September 30, 2014
Popular Inc. announced Monday a pair of appointees to its top ranks, namely Ignacio Álvarez as president and COO, and former Government Development Bank President Javier D. Ferrer as executive vice president, general counsel and chief legal officer for Puerto Rico’s largest financial institution.
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Oriental banks on communities to spur economic growth
September 26, 2014
As part of its 50th anniversary celebration, Oriental Bank unveiled Thursday its new corporate social responsibility platform dubbed “Social Innovation,” which pursues empowering communities to embark on entrepreneurship and economic growth.
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