Key Developments: Doral Financial Corp (DRL)
21 May 2013
Latest Key Developments (Source: Significant Developments)
Doral Financial Corp reported in its Form 8-K that on the date hereof Doral Financial is announcing that Robert E. Wahlman, Executive Vice President, Chief Financial Officer (CFO) and Chief Investment Officer, has notified the Company that he will resign from his position to pursue other interests. In the interim, Doral Financial will appoint Mr. Penko Ivanov as its interim Chief Financial Officer. Full Article
Jan 17 - Fitch Ratings has completed a peer review of four rated Puerto Rican banks. Fitch has affirmed the Long-term Issuer Default Ratings (IDR) of Doral Financial Corp. (DRL) and First BanCorp (FBP) at 'B-'. Fitch has upgraded the Long-term IDR of Popular Inc. (BPOP) to 'BB-' from 'B+', which is now equalized with its bank subsidiaries ratings. The Outlook for BPOP and FBP is Stable.