Puerto Rico’s financial system reports 2% asset drop
November 26, 2013
Puerto Rico’s financial system — which comprises local and international commercial banks, cooperatives, mortgage and investment companies, and public banks, among others — reported $147.6 billion in assets during the third quarter of 2013, down ...
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Hotel Campomar issued ‘cease and desist’ over illegal casino
September 21, 2012
The Financial Institutions Commissioner (known as OCIF for its initials in Spanish) announced Thursday it issued a “Cease and Desist” order against Hotel Campomar and Restaurant in Toa Baja, and its president Carlos Fuentes, for ...
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Banking veteran tapped to OCIF helm
December 14, 2011
Gov. Luis Fortuño appointed former BBVA executive and banking industry veteran Rafael Blanco to head the Office of the Financial Institutions Commissioner, effective Jan. 1. Blanco will succeed current OCIF chief Alfredo Padilla, who will ...
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