There is one international bank (IFE license) in Puerto Rico available for $4 million. It has SWIFT and Fedlink, as well as two correspondent partners. It is fully operational and the shareholders are motivated to sell. It
There is one international bank (IFE license) in Puerto Rico available for $4 million. It has SWIFT and Fedlink, as well as two correspondent partners. It is fully operational and the shareholders are motivated to sell. It
A very rare opportunity is available in the US territory of Puerto Rico. A fully operational international bank, with FedWire, is up for sale. The cost is approximately $25 million USD. What makes this a unique opportunity
Before I begin this article I need to explain how important the OCC is to new and existing banks in the field of Fintech. I am talking about the Office of the Comptroller of the Currency and
A de novo bank any type of bank that is newly chartered that has not been acquired through the purchase of a bank license from a previously licensed bank. That is, a de novo bank is a