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Popular is exploring ''all avenues'' as it seeks to decrease problem assets, CEO Richard Carrion has said.

Popular Softens Blow from Loan Sales with Investment Gain

by Robert Barba
MAY 14, 2013 4:34pm ET
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Popular in Puerto Rico is selling another book of loans as part of its attack on credit problems. The multimillion-dollar hit from the sale will be offset by a gain from the IPO of a payments processor.

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