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Once the Puerto Rican company repays its Tarp funds, management will focus on growing in New York and south Florida. The company also hopes to benefit from any improvement in the Puerto Rican economy.
June 19 -
Popular in San Juan, Puerto Rico, has made a few changes to its management team.
September 29 -
Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.
April 23
Jorge Junquera, vice chairman and special assistant to the chief executive at Popular Inc., will retire next month.
Junquera, 66, who will step down on Feb. 5, has worked for the San Juan, Puerto Rico, company for more than 43 years, including stints as acting senior executive vice president and chief financial officer. Junquera will receive a $3.1 million separation payout and vested stock awards received from his tenure.
It's been an eventful year for Popular,
The $36.5 billion-asset company has been buoyed by its operations in markets such as New York and southern Florida, which it retained. The parent of Banco Popular also