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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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 -
The OCC finds widespread problems in bank retail sales practices; Ripple and Swift competition for payments pits technology against convention.
June 6 -
Agency says it wants “smaller memberships to ensure streamlined discussions;” the bank hired a U.K. firm to help it better defend against cyberattacks.
June 7 -
The agency found no “systemic issues” in its review of other banks’ sales practices; some churches say the lenders are needed, others see the devil.
June 8 -
Banks are extending maturities and making loans to riskier credits to boost volume; banks cut their muni holdings as tax rates drop.
June 11
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