Puerto Rico's largest bank, Popular Inc, posted a 32% rise in second-quarter net income, driven by strong net interest income. The board authorized a new US$1 billion stock repurchase plan and announced that CEO Javier D. Ferrer will retire, with CFO Jorge J. García set to take over in September.

El conglomerado cierra el segundo trimestre con $278 millones en ingresos netos y anuncia el nombramiento de Jorge J. García como nuevo principal oficial ejecutivo

Puerto Rico's largest bank, Popular Inc, posted a 32% rise in second-quarter net income, driven by strong net interest income. The board authorized a new US$1 billion stock…