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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Average management fees will be cut 8% on an asset-weighted basis.
December 27 -
Investors are pulling money at an accelerated pace as high fees and mediocre returns send them searching for yield elsewhere.
December 30 -
Some 225 funds traded for the first time over the past 12 months, down for a second-straight year.
December 31 -
Although passive has steadily lured cash from active, this year assets in indexed equity funds topped those in active stock funds for the first time ever.
January 2 -
ETFs tracking themes — such as robotics, blockchain and cannabis — closed the year just 1% higher than where it started.
January 3 -
The changes are the firm's latest steps in a broad reorganization of its wealth management business since it hired Iqbal Khan from rival Credit Suisse.
January 7 -
The advisor was charged with overbilling clients by hundreds of thousand of dollars and diverting millions from the company’s payroll to his own account.
January 7 -
The fund will track the performance of companies that issue shares directed to either the investing public or the company’s founders and executives.
January 7 -
The bank created a new unit that houses its Marcus online lending business and credit-card venture with Apple.
January 7 -
It was the biggest annual leap for strategies focused on corporate or government debt since 2014, boosting assets to more than $800 billion, data show.
January 8
