Banco Popular de Puerto Rico

The 4,000-person regulator in March was one of the first federal agencies to tell employees to stay home due to the public health emergency.

The shift comes after the bank reported its first quarterly loss since 2008.

Fixed-income trading revenue almost tripled, driving a 73% jump in total trading that surged past expectations.

The company allocated $5.1 billion for loan losses in the second quarter, the most since 2010.

“They’re now realizing: Let’s actually get the contingency plan in place,” said Dominic Volek, head of sales at Henley & Partners, the world’s biggest citizenship and residency advisory firm.

The $217 billion alternative asset manager reported its biggest loss as a public company in the first quarter.

Mike Santomassimo is succeeding John Shrewsberry, who has held the role for the past six years.

CEO Sergio Ermitto said "buybacks have been demonized way too much."

Using machine-learning algorithms, the firm's $106 billion systematic active equity group researches social media pages and online job postings to build portfolios.

Non-disclosure agreements and mandatory arbitration are part of what critics call a machine of silence that shields bad behavior from becoming public.