Banco Popular de Puerto Rico

Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.

Latest News
  • Putting in temporary measures due to the unique economic situation is appropriate. However, once things improve, compensation should go back to market driven forces. Keeping the cap in place will drive talent elsewhere. Capping all executive compensation will most certainly dummy down our executive leadership...

    February 19
  • I agree with the pay cap. If the current executives (that have run these companies into the ground) are the cream of the crop, we're all in big trouble. Surely there are CEO's with integrity still to be found - that understand you must operate with a "profit" before paying such salaries and bonuses....

    February 19
  • I agree with the pay caps for those companies being bailed out. I don't think our best talent is running the companies that need a bail out.

    February 19
  • Mr. Rayner's concern that the U.S. financial industry will experience a brain drain as a result of a temporary $500k annual salary cap on certain executives of companies which, if not for an influx of taxpayer backed capital would be unemployed due to their institution's bankruptcy, is misplaced at best....

    February 19
  • "level the playing field", where are you from? Russia? One of the things that makes America great is that hardwork and achievement is rewarded. Who are you, me, or anyone else to say how much money someone can make or how many houses, cars, etc someone is allowed to have? Class warfare and wealth...

    February 19
  • Because these institutions needed to be bailed out, how much talent can these execs have, anyway? I'm all for them walking a mile in my shoes!!!!

    February 19
  • Their talents can't be that great if they got their company is this financial situation, can it??

    February 19
  • I also agree that it seems logical to place a cap on the businesses that receive financial aid, but why not make the cap relative to the amount of bail-out received, i.e. a percentage somehow relative to the amount of bail-out received versus company assets. The more money received the lower the salary...

    February 19
  • Talented financial executivesis the operative word here. If they're so talented how did they get in so much trouble. Plenty of smaller banks who pay their CEO's much less than $500K a year are not only surviving but thriving and don't want or need federal bailout money.

    February 19
  • I agree that all corp. execs should be capped, but also wonder why we think that "all the best talent" will not be satisified with a $500,000 salary? Surely not EVERY talented person has been sucked into the idea that more money determines worth... Have they?

    February 19