The Puerto Rico Bankers Association and the Federal Deposit Insurance Corporation will sponsor the sixth edition of the Minority Depository Institution Training Seminar Nov 29-30, to provide participants with an overview of last year’s challenges within the world of regulatory compliance.
Doral Financial Corporation, parent company of Doral Bank, lost $1.6 million during the second quarter ended June 30, and announced it entered into a Consent Order with the Federal Deposit Insurance Corporation and the Office of the Puerto Rico Commissioner of Financial Institutions Wednesday.
Florida-based Banesco USA is expanding its presence in that southern U.S. market through the acquisition of all of the deposits of Security Bank, National Association, through a Federal Deposit Insurance Corporation-assisted transaction.
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