Richard L. Carrión is the executive chairman of Popular, Inc., the parent company of Banco Popular de Puerto Rico and Popular Bank. Prior to assuming his current position in July 2017, he served as chairman and chief executive officer of Popular, Inc. for over 20 years. He is on the board of directors at Verizon Communications and Centro Financiero BHD and the supervisory board of NIBC Holding N.V. Carrión is currently a partner at J.C. Flowers & Co. He served as a director of the Federal Reserve Bank of New York from 2008 to 2015.>
Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean and Central America. The BPPR in the logo stands for Banco Popular de Puerto Rico, where the bank has its major historical footprint.
Bank of the Philippine Islands is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines.
BancNet is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the largest interbank network in the Philippines in terms of the number of member banks and annual transactions. It is also designated by the Bangko Sentral ng Pilipinas(BSP) as the country's national ATM network.
BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Makati. In terms of total assets, the firm is the largest bank in the Philippines and 15th largest in Southeast Asia as of March 31, 2016. BDO Unibank is also a member of SM Group. It is also the largest bank in the country by market capitalization.
Equitable PCI Bank, Inc. was one of the largest banks in the Philippines, being the third-largest bank in terms of assets. It was the largest bank before it was overtaken by Metrobank in 1995. It is the result of the merger of Equitable Banking Corporation and Philippine Commercial International Bank or PCIBank. It was known for a wide range of services from savings to insurance and, through its wholly owned subsidiary Equitable Card Network, was the largest Philippine credit card issuer. The bank merged with Banco de Oro Universal Bank in early 2007, and is now branded as BDO as its new identity as part of the new Banco de Oro Unibank, Inc.
The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, is a government-controlled and one of the largest banks in the Philippines, ranking within the top twenty banks in the country in terms of assets. It is the only existing universal bank not listed on the Philippine Stock Exchange. The bank, owing to its name, caters heavily to coconut farmers, but also serves a wide-ranging clientele.
La Milla de Oro is the popular nomenclature for the traverse of Juan Ponce de León Avenue in Hato Rey across Puerto Rico's financial district, Hato Rey Norte in San Juan, Puerto Rico. The "Gold Strip" —as some bankers commonly call it— encompasses the largest complexion of institutional investment finance across the Greater and Lesser Antilles. The headquarters of Puerto Rico's largest retail investment bank —The Popular Center— is located about 208 Juan Ponce de León Hato Rey Norte Martín Peña, in San Juan.
The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to Banco Popular de Puerto Rico.
The R & G Financial Corporation was a financial holding company located in San Juan, Puerto Rico. On April 30, 2010, its bank failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation (FDIC). Its deposits and assets were subsequently sold to Scotiabank. On May 14, R & G Financial Corporation filed for Chapter 11 bankruptcy.
Doral Financial Corporation was the holding company of Doral Bank. It was founded in 1972. At the time the bank closed in February, 2015, it had $5.9 billion in assets and 26 branches.
EuroBancshares, Inc. was a financial holding company located in San Juan, Puerto Rico. On April 30, 2010, the bank failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation (FDIC). Its deposits and assets were subsequently sold to Oriental Bank and Trust.
CaixaBank, S.A., formerly Criteria CaixaCorp, is a Spanish multinational financial services company owned by CriteriaCaixa with a 40% stake. CaixaBank is based in Valencia, Madrid and Barcelona in Spain. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35.
BDO Network Bank is the largest rural bank in the Philippines based in Davao City. Established in 2004 through the consolidation of Network Rural Bank of Davao del Sur, the Rural Bank of Panabo of Davao del Norte and the Provident Rural Bank of Cotabato, ONB is the largest rural bank in the Philippines in terms of assets, with a network of 96 branches in Mindanao, 1 branch in Makati and province of Iloilo and a fleet of 135 ATMs throughout the provinces of Mindanao, including seventeen localities where it is the sole provider of financial services.
The Bank of the Province of Buenos Aires, better known as Banco Provincia, is a publicly owned Argentine bank and the second-largest in the nation, by value of assets and deposits.
Rafael Carrión Sr., the patriarch of one of Puerto Rico's financial dynasties, was one of the founding fathers of Banco Popular de Puerto Rico, the largest bank in Puerto Rico and the largest Hispanic bank in the United States.
Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century. Founded in Ponce, Puerto Rico, in the early part of the century, it headquartered in San Juan in 1970 and, 20 years later, merged with Banco Popular forming BancPonce Corporation.
Banco Crédito y Ahorro Ponceño was the first bank in Ponce, Puerto Rico, and one of the first two native Puerto Rican banks to be established in Puerto Rico. The bank was the first one to introduce a bank credit card to the Puerto Rican market. With over 50 branches throughout the island, the bank was one of the largest banking companies in Puerto Rico during most of the twentieth century.
Norwest Corporation was a banking and financial services company based in Minneapolis, Minnesota, United States. In 1998, it merged with Wells Fargo & Co. and since that time has traded under the Wells Fargo name.
