Banco Santander Puerto Rico reported a profit for the third quarter of 12 million euros and 64 million through September, an increase of 69.8 percent year-over-year.
Standard & Poor's Ratings Services this week affirmed its 'BBB-' rating and negative outlook on Puerto Rico’s general obligation (GO) and appropriation debt, based on — among other things — the commonwealth's weak economic trends that began in fiscal 2007, including population declines and economic contraction.
The Puerto Rico Bankers Association and the New York Federal Reserve Bank announced Thursday the open call for the fifth edition of the “Puerto Rico Financial Awareness Video Contest 2013.”
AT&T’s diversity, community programs, and work with minority-owned businesses make the company a great place to work according to Hispanic Business Inc., which recently named it the “Best Company for Diversity.”
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Wednesday net income of $15.9 million for the third quarter of 2013, or $0.08 per diluted share, compared to a net loss of $122.6 million, or $0.60 per diluted share, for the second quarter of 2013 and net income of $19.1 million, or $0.09 per diluted share, for the third quarter of 2012.
Popular Inc., parent company of Banco Popular de Puerto Rico, has filed its application to repay the $935 million it owes the U.S. government through the Troubled Asset Relief Program, bank CEO Richard Carrión said Wednesday upon discussing third quarter financial results.
In the early 2000s, Marisol Santiago from Villalba was gainfully employed in the healthcare industry, providing for her family while investing in her future. However, following the onset of the global recession, which still plagues Puerto Rico, Marisol was laid off from her job.
Puerto Rican music superstar Ricky Martin will be honored during this year’s 12th annual “Poder Business Award” for his achievements in entertainment as well as his support of the worldwide fight against child exploitation, event director Nicolas Ibarguen said Wednesday.
The Government Development Bank for Puerto Rico announced Wednesday that, as part of its efforts to increase transparency and improve investor relations, it has made additional disclosure materials available on its website.
Puerto Rico’s mortgage bankers and housing developers raised a red flag Tuesday to warn about the potentially devastating effects of a recently enacted federal regulation that sets new parameters that could make it difficult for would-be island home buyers to qualify for loans starting next year.
Ciencia Puerto Rico, the world's largest online network of Puerto Rican scientists, has implemented new capabilities in the CienciaPR.org site to help mitigate the island’s scientific brain drain by adding resources to help the community stay connected.
Puerto Rico projects the image of a society that has achieved material progress but behind the curtain lies a stark reality: 45.6 percent of its people live in poverty compared with 15.9 percent in the U.S., according to a report released by the Pontifical Catholic University of Puerto Rico (PUCPR).
Puerto Rico Justice Secretary Luis Sánchez-Betances announced Tuesday that the island will receive more than $34,000 as part of an agreement between other states, territories, and the federal government and Kmart Corp. to settle allegations that Kmart submitted false claims and false statements through its Kmart Pharmacy Centers to the federal government, state governments, and territories for payments relating to partial fills of prescriptions.
Puerto Rico Convention Bureau President Milton Segarra, announced the appointments of Minnette Vélez as director of marketing and Mari Waid as director of destination support services. These appointments come as part of a restructuring of the organization.
Seaborne Airlines announced Tuesday it will launch a new non-stop route from the Luis Muñoz Marín International Airport to La Romana International Airport in the Dominican Republic starting Dec. 12th.
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