Nationwide Planning Associates, a Financial Industry Regulatory Authority-regulated broker-dealer, has entered the Puerto Rico market to offer its full-service financial model to individuals, businesses, financial intermediaries, and institutions.
Washington-based trade association Financial Services Roundtable recently recognized Popular Community Bank with a “Save 10” award for helping employees prepare for a secure retirement by enabling them to save 10 percent of their income.
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
AT&T said Monday it has invested nearly $290 million in its wireless and wired networks in Puerto Rico between 2012 through 2014, “driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.”
First BanCorp., the bank holding company for FirstBank Puerto Rico on Monday reported net income of $25.6 million for the first quarter of 2015, or $0.12 per diluted share, compared to $330.8 million, or $1.56 per diluted share, for the fourth quarter of 2014 and $17.1 million, or $0.08 per diluted share, for the first quarter of 2014.
The Boys and Girls Clubs of Puerto Rico, along with the Department of Housing and the Public Housing Administration, recently re-inaugurated its first club at the Ernesto Ramos Antonini housing project in Río Piedras.
The U.S. Department of Agriculture’s Rural Development office in Puerto Rico announced Monday the availability of repossessed homes for sale on the island.
A recent survey conducted by the Universia-Trabajando.com Labor Community revealed that more than half, or 69 percent, of respondents from Puerto Rico believe that there are more job opportunities outside the island.
Samuel J. Boyd, Jr. chief investment officer and director of program development of the office of investment and innovation at the Small Business Administration, visited Puerto Rico this past weekend to take part in a series of events hosted by Grupo Guayacán Inc. as part its ongoing efforts to promote a vibrant risk capital ecosystem on the island.
The San Juan Marriott Resort & Stellaris Casino is showing off the results of a nearly four-year, $15 million renovation project of the iconic Condado-area hotel, which included its 525-room and suites, two restaurants, its casino, meeting rooms and pool area.
Travel is meant to be enjoyed. With that in mind, QBE Optima Insurance Company recently announced a new product, QBE Travel Insurance, to provide travelers protection, security and worldwide coverage.
Advertising agency DDB Latina Puerto Rico won a Golden Sun award, three Silver Sun awards and a Bronze Sun award in the most important creative competition of the Spanish-and Portuguese-speaking markets, the Festival Iberoamericano de la Publicidad, for works created for its clients Unilever of Puerto Rico and the Department of Justice.
Nearly five years after falling under the Federal Deposit Insurance Corp.’s watch, First BanCorp, parent company of FirstBank Puerto Rico, announced Thursday the regulator has terminated the Consent Order under which it had been operating since June 2, 2010.
The business relationship between local frappe maker La Frutera and Walmart Supercenters has helped the local chain find growth, as more than half of its sales, or 54 percent, are generated through its presence within the mega-retailer, company officials said.
Gov. Alejandro García-Padilla said Thursday the government will take specific steps in coming months to face Puerto Rico’s fiscal crisis, which include no new taxes and no job cutbacks.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA