Tag Archives: Puerto Rico

Puerto Rico’s Largest Bank Acquires Westernbank – Wall Street Journal

Posted on May 2, 2010 by admin

Philippines News Puerto Rico's Largest Bank Acquires WesternbankWall Street JournalPopular has struggled with subprime loans from its mainland US bank and souring real estate loans in Puerto Rico. It lost almost $2 billion during the last …Regulators close 3 troubled … Continue reading →

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FDIC Auction of Lenders In Puerto Rico Draws Bids – Wall Street Journal

Posted on April 29, 2010 by admin

FDIC Auction of Lenders In Puerto Rico Draws BidsWall Street JournalSome people familiar with the bidding process said the FDIC could hold a separate auction for certain assets of the three battered banks. Real-estate …FDIC Closer To Resolution For Three … Continue reading →

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