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RG Financial Corporation
The R & G Financial Corporation (commonly known as RG Financial or R-G Financial) 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. RG used to offer a full range of financial services in Puerto Rico and the State of Florida through its wholly owned subsidiaries. Its main subsidiaries were RG Premier Bank, a business and consumer financial services company offering banking services, trust and brokerage services, and various types of loans, and RG Mortgage, which was one of the largest mortgage lenders in the island. Its headquarters were located at 290 Jesus T. Pinero Avenue in Hato Rey, San Juan. Summary RG Financial Corp's chief assets and sources of income are its commercial loans (which mainly cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hato Rey, Puerto Rico
Hato Rey is a former barrio located in the northwest part of the dissolved municipality of Río Piedras. It now stretches over three barrios, of the municipality of San Juan, Puerto Rico: Urban landscape Its name means "king's cattle farm" ('' hato''). In the 18th century, cattle would roam among the sugar cane fields in the area. Its proximity to residential areas such as San Juan, Río Piedras, Miramar made it a perfect location from where to produce what its residents would eat. The area also used to be known as ''Las Monjas'' (the nuns) due to a convent that used to be located in the area in the 19th century. The Northern portion of Hato Rey is a startling contrast between blight and poverty and '' La Milla de Oro'' (The Golden Mile), a stretch that effectively covers only one mile but that is home to the headquarters of many large local and international banks. It is one of the most important centers of Puerto Rico and the Caribbean's economy and many upper middle cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
