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The largest bank in Puerto Rico said hundreds of millions of dollars of its mortgages and consumer loans are tied to the parts of the island hit by the recent quake or still recovering from two hurricanes.January 28
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Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.September 27
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Bankers in the East Coast hurricane's path — and everyone else — can learn from those who have survived natural disasters.September 11
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A plan to bring in banks was created right after last summer’s hurricane devastation, but the magnitude of those storms, government dawdling on the issue and lenders’ reluctance to participate are key reasons zero loans have been made under the program.April 11
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The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.March 20
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Tax reform caused Fannie Mae to burn through retained earnings that had been approved just two months ago and to post a fourth-quarter loss. CEO Timothy Mayopoulos argued it was a one-time event that overshadowed strong fundamentals.February 14
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The Florida company reported increased net income even though its loan pipelines and production were hurt by last year's storms.January 26
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American Banker comprehensively covered the impact hurricanes Harvey, Irma and Maria had on banks and their customers, including on-the-ground reporting and analysis.January 4
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The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank. Its CEO has to clear those hurdles and convince investors steady growth is ahead.December 28
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Consumers’ desire to shop online is creating huge demand for distribution centers and forcing property owners to think creatively about redeveloping vacant retail space. Meanwhile, hundreds of billions of dollars will be spent rebuilding areas hard hit by hurricanes and wildfires.December 27
