Business News • MarketWire • Doral Financial Corporation Developing Revised Capital Plan |
Doral Financial Corporation Developing Revised Capital Plan |
|
|
Doral Financial Corporation Developing Revised Capital Plan
SAN JUAN, PR--(Marketwired - May 1, 2014) - Doral Financial Corporation (NYSE: DRL) ("Doral", "Doral Financial" or the "Company"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., said today that it is in the process of developing a revised capital plan intended to enable the Company to remain in compliance with the requirements of its regulators. Among other things, this revised plan is intended to address a recent determination by the Federal Deposit Insurance Corporation (the "FDIC") regarding the treatment of tax receivables from the Government of Puerto Rico, as discussed in further detail in a Form 8-K disclosure filed by the Company today.
View More : http://www.marketwired.com/mw/release.do?id=1905688&sourceType=3
|
|
|