The University of Puerto Rico recently received a $1 million grant from Bank of America, as part of its commitment “to help students of color successfully complete the education and training necessary to be successful in today’s workforce.” The bank recently unveiled a $1 billion, four-year commitment to advance racial equality and economic opportunity offered […]
The Fundación Fondo Acceso a la Justicia Inc., a legal-assistance organization based in Guaynabo, is receiving more than $11.8 million from a Bank of America mortgage settlement with the U.S. Department of Justice and six states, said Eric D. Green, independent monitor of the Aug. 2014 case.
While recognizing that the Gov. Luis Fortuño administration’s financial strides “have been large and comprehensive,” Bank of America Merrill Lynch said in a recent report that Puerto Rico still has challenges ahead before achieving a full recovery.
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