Banco Popular de Puerto Rico announced Tuesday that it lost an appeal before a review board deciding over a dispute with the Federal Deposit Insurance Corp., representing a $55 million hit for the bank.
The Puerto Rico Bankers Association, association with the Federal Deposit Insurance Corporation, recently offered the 9th edition of the “Minority Depository Institution Training Seminar” on the island, trade group Executive Vice President Zoimé Álvarez-Rubio said.
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 ...