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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The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.
July 11 -
Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.
July 16 -
David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.
July 17 -
Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.
July 18 -
The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.
July 19 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
July 20 -
Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.
July 23 -
The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.
July 24 -
The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.
July 25 -
Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.
July 26














