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 bank, which has made wealth management its central focus, plans to charge its Swiss clients an annual fee of 0.6% on deposits of more than 500,000 euros.
August 6 -
The firm's global economic adviser laid out perhaps the most concise and straightforward case I’ve seen yet for what structural changes are behind this phenomenon of paying for the privilege of purchasing debt.
August 7 -
Almost a year after taking over at the firm's investment bank, co-heads Piero Novelli and Rob Karofsky are working on their first shake-up of the business.
August 8 -
More than 10,000 cryptocurrency investors received open letters from the IRS informing them that they may owe taxes on their digital holdings.
August 13 -
Under the proposed structure, the funds will conceal a portion of their assets and instead publish a list of securities that’s highly correlated to the performance of the portfolio.
September 26 -
The regulator says it eliminated the need for providers to seek a special order from the agency before funds can be sold to investors.
September 26 -
Charles Scharf will replace interim chief Allen Parker at the bank.
September 27 -
Funds of funds, pensions, consultants, family offices and endowments have pulled $16.4 billion from generalist long-short equity funds this year.
September 27 -
Among funds impacted so far, the Invesco China Technology ETF fell 2.8%, while the KraneShares CSI China Internet Fund lost 3.8%.
September 30 -
Wild price swings that have exceeded double-digit percentages in a single day have spurred the regulator to keep a close eye on volatility.
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