Moody’s reviews 3 P.R. banks for possible ratings downgrades
April 10, 2012
Moody's Investors Service zeroed-in on several members of Hato Rey's Golden mile Tuesday, placing on review for downgrade certain ratings of three Puerto Rican banks, including Banco Santander Puerto Rico, Banco Bilbao Vizcaya Argentaria Puerto ...
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Multinational Insurance claims P.R. market footing
April 9, 2012
Five months after entering Puerto Rico's insurance market, Multinacional de Seguros is laying the groundwork to establish itself as a contender in the highly competitive $8 billion economic sector.
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Doral Bank writes off $200M in overpaid P.R. taxes, stock soars 21%
April 3, 2012
Doral Bank has reached a deal with the Treasury Department regarding $200 million in overpaid taxes that the bank will now write off in its books as a prepaid expense.
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