José Ramón González
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José Ramón González
José Ramón González is a Puerto Rican financial executive. He is the President and Chief Executive Officer of the Federal Home Loan Bank of New York since 2014. He formerly served as Senior Executive Vice President of Oriental Financial Group and former President and CEO of Santander Puerto Rico, Puerto Rico's second largest financial institution. González also served from 1986 to 1989 as president of the Puerto Rico Government Development Bank during the administration of Governor Rafael Hernández Colón. In 2016 he was named to the PROMESA oversight board in charge of resolving the Puerto Rican government-debt crisis The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the governmen ... Where he served until August 2020 References Living people Puerto Rican businesspeople Presidents of th ...
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Oriental Financial Group
OFG Bancorp, founded in 1964, more commonly known as OFG or Oriental Bank, is a financial holding company located in San Juan, Puerto Rico, San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico through its principal subsidiaries: Oriental Bank, Oriental Financial Services Corp., and Oriental Insurance, Inc. Its headquarters are located at the Oriental Center, 15th Floor, 254 Muñoz Rivera Avenue, San Juan, PR 00918. OFG Bancorp, one of Puerto Rico's top three banks, has $9.3 billion in assets (2019), and approximately 2,400 employees (2019). In 2010, Oriental acquired failed competitor EuroBancshares, Eurobank. In late 2012, Oriental announced the acquisition of Spain's Banco Bilbao Vizcaya Argentaria's Puerto Rican unit for $500 million in cash. The company changed its name to OFG Bancorp from Oriental Financial Group in 2013. In June 2019 it was announced that ...
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Grupo Santander
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by Financial Stability Board. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In May 2016, Santander was ranked as 37th in the Forbes Global 2000 list of the world's biggest public companies. Santander is Spain's largest bank. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola ...
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RTTNews
RTTNews was founded in the U.S. in the late 1990s by Andrew Mariathasan as a financial news provider. The newswire A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and radio and television broadcasters. A news agency may also be referred to as a wire service, newswire, ... carries corporate news and economic news, market commentaries, corporate and economic calendars, particularly covering the U.S, UK, Europe, Asia, biotech news, fda calendar, crypto news and covering more than 50 countries in real-time. The company has its headquarters in Washington DC. References External links * News agencies based in the United States {{journalism-stub ...
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Puerto Rico Government Development Bank
The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puerto Rico. The bank, along with its subsidiaries and affiliates, serves as the principal entity through which Puerto Rico channels its issuance of bonds. As an overview, the different executive agencies of the government of Puerto Rico and its government-owned corporations either issue bonds with the bank as a proxy, or owe debt to the bank itself (as the bank is a government-owned corporation as well). History The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government o ...
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Rafael Hernández Colón
Rafael Hernández Colón (October 24, 1936 – May 2, 2019) was a Puerto Rican politician who served as the governor of Puerto Rico from 1973 to 1977 and 1985 to 1993 for a total of three terms. An experienced politician, Hernández held the record for having been the youngest Governor of the Commonwealth of Puerto Rico to date, having won his first term at the age of 36. Hernández was also the person to have run for governor the most times, a total of five. During his terms as governor, Hernández Colón's administrations were known for trying to invigorate the Puerto Rican economy as well as for defending the political status quo of the island. He is also the second longest-serving Puerto Rico Governor with 12 years of service due to his three terms. Early years and education Hernández Colón was born October 24, 1937, in Ponce, Puerto Rico, to Rafael Hernández Matos and Doraldina “Dora” Colón Clavell. Rafael and Dora married in 1934 and had three children. Rafael wa ...
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PROMESA
The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) is a U.S. federal law enacted in 2016 that established a financial oversight board, a process for restructuring debt, and expedited procedures for approving critical infrastructure projects in order to combat the Puerto Rican government-debt crisis. Through PROMESA, the US Congress established an appointed Fiscal Control Board (FCB), known colloquially in Puerto Rico as "la junta," to oversee the debt restructuring. With this protection the then-governor of Puerto Rico, Alejandro García Padilla, suspended payments due on July 1, 2016. The FCB's approved fiscal austerity plan for 2017-2026 cut deeply into Puerto Rico's public service budget, including cuts to health care, pensions, and education, in order to repay creditors. By May 2017, with $123 billion in debt owed by the Puerto Rican government and its corporations, the FCB requested the "immediate" appointment of a federal judge to resolve the "large ...
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Puerto Rican Government-debt Crisis
The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt. The downgrading, in turn, prevented the government from selling more bonds in the open market. Unable to obtain the funding to cover its budget imbalance, the government began using its savings to pay its debt while warning that those savings would eventually be exhausted. To prevent such a scenario, the United States Congress enacted a law known as PROMESA, which appointed an oversight board with ultimate control over the Commonwealth's budget. As the PROMESA board began to exert that control, the Puerto Rican government sought to increase revenues and reduce its expenses by increasing taxes while curtailing public services and reducing government pensions. These measures provoked soc ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Puerto Rican Businesspeople
Puerto, a Spanish word meaning ''seaport'', may refer to: Places * El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines * Puerto Colombia, Colombia * Puerto Cumarebo, Venezuela * Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela * Puerto Píritu, Venezuela * Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States * Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) * Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People * Antonio Puerta, Spanish footballer * Alonso José Puerta, Spanish politician * Lina Puerta, American artist *Mariano Puerta ...
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Presidents Of The Puerto Rico Government Development Bank
President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese full-size sedan * Studebaker President, a 1926–1942 American full-size sedan * VinFast President, a 2020–present Vietnamese mid-size SUV Film and television *'' Præsidenten'', a 1919 Danish silent film directed by Carl Theodor Dreyer * ''The President'' (1928 film), a German silent drama * ''President'' (1937 film), an Indian film * ''The President'' (1961 film) * ''The Presidents'' (film), a 2005 documentary * ''The President'' (2014 film) * ''The President'' (South Korean TV series), a 2010 South Korean television series * ''The President'' (Palestinian TV series), a 2013 Palestinian reality television show *''The President Show'', a 2017 Comedy Central political satirical parody sitcom Music *The Presidents (American soul band) *The ...
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