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Popular in Puerto Rico to Record $55M Loss After FDIC Dispute

American Banker

in San Juan, Puerto Rico, will take a $55 million hit to third-quarter earnings after its bank lost an arbitration battle with the Federal Deposit Insurance Corp. Popular Inc.

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Popular in Puerto Rico Posts Lower Profit on Loss-Share Ruling

American Banker

in San Juan, Puerto Rico, said its quarterly profit fell after losing an arbitration dispute with the Federal Deposit Insurance Corp. Popular Inc.

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Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. and Puerto Rico banking laws and regulations. Prior to starting CCBX and for the year ended 2017, the Company had $806 million in total assets and $5.4