First BanCorp announces loan sale, 4Q losses
February 9, 2011
Just two months after announcing its intent, First BanCorp on Wednesday confirmed it has entered into a definitive agreement to sell a loan portfolio with an unpaid principal balance of $516.7 million to a newly ...
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Local banks banning hats, sunglasses, limiting celphone use at branches
February 8, 2011
Attention Puerto Rico bank customers: Starting Feb. 14 individuals will not be allowed to wear sunglasses or hats while conducting a transaction at a local bank branch. Mobile telephone use will also be limited.
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SEC probe targets local UBS subsidiary over ’08 mutual bonds sale
February 4, 2011
UBS Financial Services Inc. of Puerto Rico is facing a possible lawsuit by the U.S. Securities and Exchange Commission, which recently issued a Wells notice regarding the sale of mutual funds that bought $1.5 billion ...
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