Bacó: GDB should not be liquidated, must be re-focused
August 2, 2016
The fate of the Puerto Rico Government Development Bank should not be liquidation, but rather a refocus to return to promoting growth on the island, Interim President Alberto Bacó said Monday, the day he took on the job of steering the former public fiscal agent.
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July ’16 bankruptcies drop 4.4% YOY in Puerto Rico
August 2, 2016
Puerto Rico’s bankruptcy levels showed a 4.4 percent drop last month, when the total number of companies and individuals who turned to the U.S. Bankruptcy Court for help totaled 818 cases, preliminary data released Monday by research firm Boletín de Puerto Rico showed.
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Oriental awards $32K in college scholarships
August 2, 2016
Oriental Bank recently bestowed $32,000 to college students as part of its in-house scholarship program for employees' children, the bank announced Monday.
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