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 ...
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 ...
First Bancorp’s recently completed $525 million capital raise will enable it to be “more aggressive” in resolving its problem loans and putting itself back on the path of profitability, research, trading and investment banking analyst ...