Padilla: Banking sector on the mend after meltdown year
March 4, 2011
Nearly a year after Puerto Rico’s banking sector experienced a meltdown of historic proportions with the closing of three financial institutions, Financial Institutions Commissioner Alfredo Padilla said Friday that 2011 should be a “turnaround year” for the industry.
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EDB chief to step down at end of month
March 4, 2011
By month's end, the government's two banks will see a turnover at the helm.
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NY debt insurer: P.R. poised for fiscal recuperation despite recession, obstacles ahead
March 2, 2011
New York-based National Public Finance Guarantee Corp. on Wednesday gave props to the government’s progress in successfully addressing Puerto Rico’s “structurally unbalanced fiscal environment.”
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