Popular Inc., a financial institution in Puerto Rico, appointed Javier D. Ferrer as president in addition to his current role as COO. He will report directly to Ignacio Alvarez, CEO of Popular,.
Sygnus Credit Investments (SCI) through its newly formed subsidiary SCI Puerto Rico Inc., has entered into a stock purchase agreement to acquire a majority interest in Acrecent Financial Corporation (AFC), one of the largest private credit companies