FDIC advises Doral to accept buyout offers from rivals
January 29, 2015
In a letter sent to Doral Bank earlier this week, the Federal Deposit Insurance Corp. advised the financially crippled bank to “accept an offer to combine with another insured depositary institution,” or improve its capital ...
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Popular Inc. earns $52.9M in 4Q14, banks on recovery
January 23, 2015
Popular Inc. reported net income of $52.9 million for the quarter ended Dec. 31, 2014 on Thursday, when CEO Richard Carrión told analysts that the bank’s “strong market position, significant liquidity, excess capital levels and ...
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Puerto Rico banks announce Martin Luther King hours
January 19, 2015
Puerto Rico’s commercial banks will be observing today’s Martin Luther King holiday with special hours, scheduled as follows:
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