Popular in Puerto Rico to Record $115M Charge Tied to FDIC Dispute
American Banker
DECEMBER 15, 2016
in San Juan, Puerto Rico, will absorb another hit to its earnings tied to a dispute with the Federal Deposit Insurance Corp. Popular Inc.
National Puerto Rico Regional Regulation 
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Morning Scan: BofA's Stress Test Team; Hedge Funds Sue Puerto Rico GDB
American Banker
APRIL 5, 2016
BofA has fallen short on the test three of the past five years, and the bank has opted this year to employ a manager, not a numbers cruncher, to lead the team working to satisfy the complicated and controversial post-crisis regulation. The Charlotte, N.C., firm was the…
CUs Try To Solve The Cannabis Cash Conundrum
PYMNTS
AUGUST 12, 2019
And yet, beyond the patch quilt of states that have accepted marijuana sales, such transactions are illegal on a national level. This, in turn, means that banks cannot offer services to businesses, as they would face prosecution from regulators. Apple In The Spotlight. Of particular focus will be payroll advances, according to reports.
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