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 estimated $490 million deal is a part of a push from Nippon Life to expand its asset management operations.
December 1 -
Although bigger may be better for the fund giants, passive strategies may be blurring the inherent value of securities.
December 4 -
The once dubbed masters of the universe have barely made money this year and once again, their returns pale next to those of cheaper index funds.
July 11 -
Aside from stocks, strong and consistent trends have been hard to come by this year.
July 12 -
The firm is adjusting to more investors opting for low-cost funds over active management.
July 12 -
For those worried that high valuations guarantee trouble in the markets, data shows pricey equities can get even pricier.
July 13 -
Actively managed mutual funds and ETFs that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to Morningstar.
July 14 -
Tim Buckley will become the money manager’s fourth CEO since it was founded in 1975.
July 13 -
Investment head Tim Buckley will succeed Bill McNabb, who led efforts that more than tripled the firm’s assets since taking over as CEO in 2008.
July 14 -
The firm’s growth last quarter was the biggest since the 2014 departure of its co-founder Bill Gross.
July 14
