Keefe, Bruyette & Woods Inc. has added Popular Inc. to its KBW Nasdaq Regional Banking as part of an index rebalancing for the third quarter of 2016, the Puerto Rico-based bank announced Tuesday.
The seven-member Financial Oversight and Management Board for Puerto Rico is expected to meet sometime next week for the first time since being constituted by President Obama to address the island’s economic crisis, Richard Ravitch, who will represent the Commonwealth’s governor in the body, said Monday.
The U.S. Department of Agriculture announced Monday the availability of $6.6 million for Puerto Rico water and waste infrastructure programs that will benefit several towns as well as the Roosevelt Roads Redevelopment Authority, which is getting the bulk of the assignment.
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