Banco Popular de Puerto Rico
Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.
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Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.
May 21 -
A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals.
May 22 -
The bill heads to President Trump for signing; U.S. banks earned an aggregate $56 billion in the quarter, including a boost from tax reform.
May 23 -
Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000.
May 24 -
A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention.
May 29 -
The S&P 500’s financials sector drops more than 3%; former Amex chief’s venture capital firm is backing a credit scoring company.
May 30 -
Proposal would simplify the rule prohibiting proprietary trading; Fiat Chrysler, which accounts for about a third of the unit’s business, may go solo.
May 31 -
The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.
June 1 -
No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel.
June 4 -
UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.
June 5
STOCK SNAPSHOT
