Banco Popular Puerto Rico sells $438M in bad residential loans
July 2, 2013
Banco Popular de Puerto Rico officials announced Monday the completion of the previously announced sale of a portfolio of non-performing residential mortgage loans with a book value and unpaid principal balance of approximately $438 million ...
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Triple-S Vida to buy Atlantic Southern Insurance Company
July 2, 2013
Puerto Rican insurance firm Triple-S Vida announced Monday that it has signed a letter of intent to acquire competing insurer Atlantic Southern Insurance Co. for an undisclosed amount.
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Doral announces 1-for-20 reverse stock split
June 25, 2013
Doral Financial Corporation today announced a 1-for-20 reverse stock split of its common stock that will be effective June 28, at 4 p.m.
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