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In-Brief
Silver Comfort launches operations in Central Florida
Contributor December 6, 2016

Backed by more than two decades of experience in mattress manufacturing and distribution in Puerto Rico, Silver Comfort announced Monday it has opened offices in Winter Garden, Florida to serve the region and pursue national growth.

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Banking, Financial District
Bankers Assoc., FDIC offer annual compliance seminar
Contributor December 5, 2016

The Puerto Rico Bankers Association of Puerto Rico, jointly with the Federal Deposit Insurance Corporation, recently hosted a two-day “Minority Depository Institution Training Seminar,” marking the 10th time the organizations team up to offer it.

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Government
Oversight Board puts out RFP for financial advisory firm
Contributor December 5, 2016

The Financial Oversight and Management Board for Puerto Rico created under the Puerto Rico Oversight, Management and Economic Stability Act issued Sunday a request for proposals for firms interested in providing services to the Board as financial advisor.

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QUOTE OF THE WEEK:

“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape. 

 

Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”

 

— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico

 

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