FirstBank Puerto Rico top execs get significant pay raises
April 3, 2014
Several high-ranking FirstBank executives are getting significant pay raises this year, through a combination of cash and stock, according to a filing submitted to the Securities and Exchange Commission this week.
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North America represents 10% of MAPFRE’s business
March 27, 2014
Spanish insurance group MAPFRE confirmed Wednesday that the North American market, which covers Canada, the United States mainland and Puerto Rico, now represents 10 percent of its premiums and revenue.
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Doral migrating assets to U.S. to reduce local exposure
March 25, 2014
Upon wrapping up what company officials called “a difficult year,” Doral Financial Corp. is looking to reduce its exposure to Puerto Rico’s economic problems by migrating its assets to its U.S. mainland business, company CEO Glen Wakeman said during a Monday afternoon earnings conference call.
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