Doral gets $181.3M cash boost from asset sale
January 16, 2015
Doral Bank, a wholly owned subsidiary of Doral Financial Corporation, announced Thursday the completion of the sale of of certain loans, advances, mortgages, and loan participation rights to WOMF REV, LLC, which will shore up $181.3 million in cash for the troubled financial institution.
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FDIC rejects Doral’s revised capital restoration plan
January 13, 2015
Doral Financial Corp. told the Securities and Exchange Commission Monday that the revised capital restoration plan submitted to the Federal Deposit Insurance Corp. last week was rejected for failing to “meet the criteria.”
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4 local banks make Forbes’ ‘best in Americas’ list
December 29, 2014
Four Puerto Rico-based banks again made it into this year's “Best Banks in America” ranking released by Forbes magazine, with Oriental Bank receiving the highest rating among its peers.
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