Business News Puerto Rico

  • FRANKFURT- Opening remarks by ECB Board Member Luis de Guindos at the ECB colloquium, marking the end of the tenure of Ignazio Angeloni as a member of the supervisory board of the European Central Bank in Frankfurt, Germany 0815 GMT. FRANKFURT- Speech by ECB Board Member Ignazio Angeloni at the ECB colloquium, marking the end of his tenure as a member of the...

  • FRANKFURT- General Council meeting of the ECB in Frankfurt. FRANKFURT- Opening remarks by ECB Board Member Luis de Guindos at the ECB colloquium, marking the end of the tenure of Ignazio Angeloni as a member of the supervisory board of the European Central Bank in Frankfurt, Germany 0815 GMT. FRANKFURT- Speech by ECB Board Member Ignazio Angeloni at the ECB...

  • LONDON- Bank of England's Member of the Financial Policy Committee, Richard Sharp, to deliver a speech at Cass Business School 1830 GMT. VERSAILLES, France- Participation by ECB's chief economist, Peter Praet, in a panel discussion on "Twenty Years of the Euro: Challenges and Opportunities Ahead" at the HSBC' AAA' conference in Versailles, France- 0935 GMT.

  • LUXEMBOURG- Keynote speech by ECB's chief economist Peter Praet at conference "From micro to macro: market power, firms' heterogeneity and investment", organised by the EIB on March 18 in Luxembourg- 1510 GMT. London- Bank of England's Member of the Financial Policy Committee, Richard Sharp, to give speech at Cass Business School 1830 GMT. STOCKHOLM Swedish Deputy...

  • Wells Fargo has been seeking to streamline its business as it grapples with the fallout of customer abuse scandals. Wells Fargo and Principal Financial declined to comment. In 2018, Wells Fargo announced deals to sell 52 branches spread across Indiana, Michigan, Ohio and Wisconsin to Flagstar Bancorp Inc, as well as a $1.7 billion deal to offload its Puerto Rico...

  • THURSDAY, MARCH 14 VIENNA- European Central Bank policymaker Ewald Nowotny speaks at a closed-door session of an Austrian parliamentary finance committee.- 0800 GMT DUBLIN- Irish Central Bank Governor Philip Lane addresses students in Dublin.- 1600 GMT. TOKYO- Remarks by Bank of Japan Governor Haruhiko Kuroda at the B20 Tokyo Summit 0855 GMT.

  • BRUSSELS- Participation by ECB vice president Luis de Guindos in ECOFIN meeting in Brussels, Belgium. at FSI 20th anniversary conference "A cross-sectoral reflection on the past, and looking ahead to the future", organised by the Financial Stability Institute at Bank for International Settlements in Basel, Switzerland 0845 GMT. BASEL, Switzerland-...

  • **BRUSSELS- Participation by ECB board member Benoit Cure in Eurogroup meeting in Brussels, Belgium. **WASHINGTON- Federal Reserve Chairman Jerome Powell makes videotaped welcoming remarks at the National Community Reinvestment Coalition's Just Economy Conference- 2300 GMT. LONDON- Bank of England Monetary Policy Committee member Jonathan Haskel to...

  • **BRUSSELS- Participation by ECB board member Benoit Cure in Eurogroup meeting in Brussels, Belgium. **WASHINGTON- Federal Reserve Chairman Jerome Powell makes videotaped welcoming remarks at the National Community Reinvestment Coalition's Just Economy Conference- 2300 GMT. LONDON- Bank of England Monetary Policy Committee member Jonathan Haskel to...

  • NEW YORK, March 8- Japanese automakers, a U.S. municipal bond insurer caught up in the Puerto Rican debt scandal, and UK's largest online classified advertising site for used cars are among the top picks by equity fund managers who received a U.S. Lipper Fund Award in New York on Thursday night. He was attracted to the company's dominant position in a high-margin...

  • SATURDAY, MARCH 2 DELPHI, Greece- Greek Central Bank Governor Yannis Stournaras speaks at conference in Delphi, Greece. **RICHMOND, United States- Federal Reserve Bank of Richmond President Thomas Barkin speaks on "Moving the Needle in Rural Communities" before the Virginia Governor's Conference on Agricultural Trade, in Richmond, Virginia.- 1630 GMT.

  • BRUSSELS, March 1- European Union member states unanimously rejected on Friday a proposal to blacklist Saudi Arabia and four U.S. territories for lax controls on terrorism financing and money laundering, sources told Reuters. Saudi Arabia, a major importer of EU weapons and goods, had lobbied against being branded a "high-risk" country, as had been proposed by the...

  • URENA, Venezuela/ CUCUTA, Colombia, Feb 23- Troops loyal to President Nicolas Maduro turned back foreign aid convoys from Venezuela's border using teargas and rubber rounds on Saturday, killing two protesters and putting his socialist government on a collision course with Washington. Trucks laden with U.S. food and medicine for Venezuela returned to...

  • CARACAS, Feb 21- Venezuela President Nicolas Maduro threatened to close the border with Colombia on Thursday as opposition leader Juan Guaido and some 80 lawmakers ran a gauntlet of roadblocks trying to get to the frontier to receive humanitarian aid. Maduro denies there is a humanitarian crisis and said on Thursday he was considering closing Venezuela's...

  • Feb 15- U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on Feb. 17 and wind down its e-commerce operations. Payless expects all stores to remain open until at least the end of March and the majority will remain open until May, a company spokeswoman said in an email statement.

  • The U.S. Court of Appeals for the First Circuit set a 90- day period to allow President Donald Trump and the U.S. Senate to constitutionally validate the appointments or reconstitute the board. U.S. District Court Judge Laura Taylor Swain, who is hearing the island's bankruptcy, ruled in July that the creation by the U.S. Congress of the oversight board under a law...

  • SAN FRANCISCO, Feb 14- In January, the Federal Reserve delivered what investors took as a kind of love letter, a rate-hike pause that sent stock markets soaring. "Roses are red, Blah blah blah blah," Minneapolis Federal Reserve Bank President Neel Kashkari, one of the Fed's most ardent doves, tweeted early on Thursday. #Fedvalentines via Twitter most years since 2012,...

  • *EU lawmaker says list misses Russia, Azerbaijan, London. STRASBOURG, Feb 13- The European Commission added Saudi Arabia, Panama and four U.S. territories to a blacklist of nations it considers a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The move is part of a crackdown on money laundering after...

  • A man counts Saudi riyal banknotes at his jewelry shop in Tiba market in the capital Riyadh on October 3, 2016.

    Apart from reputational damage, inclusion on the list complicates financial relations with the European Union.

  • *EU lawmaker says list misses Russia, Azerbaijan, London. STRASBOURG, Feb 13- The European Commission added Saudi Arabia, Panama, Nigeria and other jurisdictions to a blacklist of nations seen as posing a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The move is part of a crackdown on money...