Latest articles from Puerto Rico

Puerto Ricos banks enter survival mode

Puerto Rico's banks enter survival mode

July 1, 2015

Growth in Puerto Rico's economy is sluggish, and its banks have been struggling to find profitable areas. However, a round of mergers and acquisitions – some of them enforced – and opportunities overseas mean that the island's lenders are finding some ways to expand.

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Puerto Rico's banks reach a critical juncture

December 30, 2009

Puerto Rico's dependence on the US meant that the subprime crisis hit its banking sector particularly hard. A period of consolidation is now expected, but who the winners will be - the big domestic players or foreign-owned entities - remains to be seen. Writer Jane Monahan in Puerto Rico

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