Fitch completes review of 4 banks, predicts tough road ahead
January 18, 2013
Fitch Ratings announced Thursday it had completed its review of four rated Puerto Rican Banks — Doral Financial Corp., First BanCorp, Popular Inc. and Santander Bancorp — adjusting and affirming its ratings and outlook for each financial institution.
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S&P cuts Doral Financial rating, gives negative outlook
December 17, 2012
Citing Doral Financial Corp.’s “weakened capital position and very high nonperforming assets,” Standard & Poor's Ratings Services lowered its issuer credit rating to 'CCC-' from 'CCC+,' with a negative outlook.
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Ex Puerto Rico Treasury Sec. Méndez to head Doral’s retail, mortgage banking
December 6, 2012
Doral Bank President Glen Wakeman today announced the appointment of Jesús Méndez as executive vice president of operations of the bank’s retail and mortgage banking operations in Puerto Rico.
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