UBS has been ordered to pay tens of millions of dollars in various arbitration claims to date, including awards of approximately $9 million, $15 million, $18 million, and now $19 million.
The financial institution’s loan portfolio grew this quarter despite “meaningful organic reductions” in resolution of non-performing assets.
Popular Inc. had a busy third quarter, with the closing of its acquisition of Wells Fargo’s auto finance business in Puerto Rico.