First BanCorp taking $66.6M charge on Lehman collateral
May 14, 2013
First BanCorp on Monday announced the U.S. Bankruptcy Court for the Southern District of New York denied the bank’s motion for summary judgment filed in connection to $66.6 million it had posted as collateral with ...
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FirstBank appoints new executive VP
September 26, 2012
Michael McDonald, a veteran local banker, has been appointed executive vice president and director of the business group in charge of the strategic direction and oversight of corporate banking for FirstBank Securities and FirstBank Insurance ...
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First BanCorp reports $14.8M drop in 4Q ’11, narrows annual losses
February 1, 2012
First BanCorp, parent of FirstBank Puerto Rico reported a net loss of $14.8 million for the fourth quarter of 2011, compared to a net loss of $24 million for the third quarter of 2011 and ...
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