The Consumer Financial Fragility Index shows a deterioration this year, while low unemployment and growth in real income offset the increase in loan delinquencies and personal bankruptcies. #NewsismyBusiness
The Puerto Rico Treasury Department released Tuesday a draft of the Commonwealth’s unaudited Basic Financial Statements for the fiscal year ending June 30, 2014, more than a year after their required release.
Financial inclusion is one action that can move a population out of poverty while driving economic growth that’s more inclusive, sustainable and fair.
UBS Financial Services Inc. will be closing its Guaynabo branch and consolidating the operation with its Hato Rey headquarters effective Feb. 20, the company announced Wednesday.
Acrecent Financial Corporation recently announced the completion of a capital raising transaction to expand its footprint in Central America, Dominican Republic, Colombia and Mexico.
San Juan-based financial advisory firm REOF Capital is leveraging its in-depth knowledge of Puerto Rico market conditions to launch a financial research division specializing in bonds, managing director Antonio Sosa-Pascual announced.
Security systems integrator Tyco Integrated Security and EVERTEC Inc., the Puerto Rico-based full-service transaction processing business in Latin America and the Caribbean, announced Tuesday a partnership to provide financial institutions with security solutions.
EVERTEC Group, LLC reported Thursday consolidated results for the fourth quarter and year ended December 31, 2012, reporting $91 million and $341.7 million for each respective period. Both results were up 6 percent year-over-year, company executives said.
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