Puerto Rico’s two largest banks — Banco Popular and Oriental — confirmed separately on Friday that they’re working to reduce their exposure to risk associated with the island’s government, which they have financed in different capacities over the years.
JLL, a professional services and investment management firm, announced this week it has expanded its scope to serve retailers and investors with expanded services out of Puerto Rico, including retail tenant representation, landlord representation, property management and investment sales.
WASHINGTON — The two most prominent progressives in the U.S. Senate urged the federal government Thursday to help Puerto Rico stand up against the “vultures” they largely blame for the island’s current fiscal nightmare.
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