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 number of advisors in the bank’s wealth management business hasn’t grown since 2020. But that didn’t stop the firm from banking a few new records.
July 18 -
The company’s second-quarter earnings showed a drop in advisors and client assets even as increases in interest rates and loan balances drove profits higher.
July 18 -
The megabank’s RIA and brokerage segment weathered equity volatility that wiped out $28 billion from the value of client assets in the first quarter.
April 18 -
Higher interest rates, higher deposit and loan balances drove significant growth for the wirehouse this quarter.
April 18 -
Earnings for Merrill Lynch Wealth Management and Private Bank jumped 28% in the quarter.
April 18 -
It’s the first fee increase in 5 years, earmarked to fund the board’s new strategic plan.
April 19 -
With the White House’s proposed Build Back Better legislation and its impact on taxes in limbo, advisors have time to implement key tax planning techniques.
April 19 -
Executives of firms like J.P. Morgan, Morgan Stanley and Bank of America benefited from a stronger market in 2021 that increased incentive pay.
April 19 -
BNY Mellon CEO Todd Gibbons says the revenue decline reflects business lost in 2021
April 19 -
Company leaders say the quarter was a mixed bag of ongoing progress while contending with a challenging environment.
April 20
