Banco Popular de Puerto Rico

Banco Popular de Puerto Rico
  • Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.

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    Richard Y. Roberts is a principal at Roberts Raheb & Gradler, LLC, a regulatory/legislative consulting firm that he co-founded in February of 2006. From 1990 to 1995, Mr. Roberts was a Commissioner of the United States Securities and Exchange Commission, and, in this capacity, was actively involved in, has written about or has testified on, a wide range of subjects affecting the capital markets. Since leaving the Commission, Mr. Roberts has been a media commentator and writer on various securities public policy issues. Moreover, while working under a USAID contract from 1995 to 1997, he assisted the Governments of Romania and Ukraine in the development of a securities market. From 1987 to 1990, he served as the chief of staff and the legislative director for United States Senator Richard Shelby. Mr. Roberts is a graduate of Auburn University where he earned a Bachelor in Electrical Engineering. He received his Juris Doctorate from the University of Alabama School of Law and his Master of Laws from the George Washington University Law Center. He is a member of the Alabama Bar and of the District of Columbia Bar. Mr. Roberts also serves as a member of the Board of Directors of Cullen Agricultural Holding Corporation, Red Mountain Resources, and YA Offshore Global Investments. Further, he is a member of the Council of the College of Engineering of Auburn University, of the Advisory Board of Securities Regulation & Law Report, of the Advisory Board of the International Journal of Disclosure and Governance, of the Editorial Board of the Municipal Finance Journal, and of the Commissioners’ Council of the Securities and Exchange Commission Historical Society.

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    Daniel Bort, resident in the San Francisco office, is a member of the Public Finance Department.  He has extensive experience in California land-secured public finance.  He has served as bond counsel for cities, counties and special districts on many assessment districts and was bond counsel for the first landowner vote Mello-Roos Community Facilities District bond issue in northern California.  He has long been a recognized authority on the Mello-Roos Community Facilities Act of 1982, frequently acting as a seminar panel member and he has drafted, or consulted on, many of the amendments to the Act.  He is Chairman of the Legislative Subcommittee of CASTOFF, an industry group dealing with land-secured finance in California, and was primary draftsman of AB 373 (Wolk), the Mello-Roos clean-up bill signed by the Governor in 2007. In his Mello-Roos practice, Mr. Bort also has represented many school districts and has helped to form, and has served as bond counsel for, several joint powers agencies.  These agencies have included cities, counties, special districts and school districts, and have been an instrument for the cooperative use of the limited financing capacity of new development to intelligently mitigate its impacts on the infrastructure and facility needs of a variety of local governmental agencies. Mr. Bort has served as counsel on many lease (certificates of participation) financings.  He also has experience as counsel for pooled bonds under the Marks-Roos Local Bond Pooling Act of 1985 and for school district general obligation bonds, including those approved under Proposition 39 and by school facilities improvement districts (SFIDs). Mr. Bort has been counsel for seven successful registered voter Mello-Roos bond issues -- four for libraries, two for open space and one for school facilities. Among Mr. Bort's other engagements: Infrastructure financings for Antioch, Belmont, Chico, Corte Madera Sanitary District, El Dorado County, Larkspur, Marin County, Marin Municipal Water District, Novato, Placer County, City of Sacramento, San Rafael, Saratoga, South Lake Tahoe, Stanislaus County, Stockton, Tiburon, and Tracy. Instituted the City of Sacramento's developer fee Mello-Roos program. Joint Powers Agencies formed in Tracy, Antioch, Modesto, Salida, Belvedere-Tiburon, Turlock, and Merced. School district Mello-Roos community facilities district financings for Auburn Union, Dry Creek Joint Elementary, Empire Union, Manteca Unified, Waugh Elementary, Tracy Public Schools, Jefferson, Antioch Unified, Modesto Public Schools, Salida, and Turlock Public Schools. Library financings for Yolo County (Davis Branch); Belvedere-Tiburon and Mill Valley. Open space financings for the Marin County Open Space District. Prior to joining the firm in 1992, Mr. Bort practiced public finance for 10 years with the firm of Sturgis, Ness, Brunsell & Sperry in Emeryville.  In 1997, Mr. Bort was asked to serve as general counsel of the headquarters organization of his religious denomination and its publishing arm.  He returned to the firm in 2004.  Mr. Bort served in the U.S. Army Corps of Engineers for three years before attending law school.  He commanded mapping operations in the Ogedon Desert of Ethiopia, and crowd control operations on the streets of Washington, D.C. during the "May Day" demonstrations of 1971.  He left the service with the rank of Captain. Admitted in California Memberships State Bar of California Publications Author, "An Introduction to California Mello-Roos Community Facilities Districts," one of Orrick's series of booklets on public finance, 2006

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    Dannel Patrick Malloy, the youngest of eight children, was born in Stamford, Connecticut on July 21, 1955. Growing up, he struggled to overcome learning and physical disabilities, eventually gaining the skills he needed to go on to graduate Magna Cum Laude from Boston College and continue on to Boston College Law School. In 1982, Governor Malloy married his wife, Cathy, whom he met while at Boston College. Governor Malloy became a prosecutor in Brooklyn, New York, serving for four years as an Assistant District Attorney where he won 22 convictions in 23 felony cases--four of them homicides. Returning home to Stamford, he served on the Boards of Finance and Education before running for Mayor and winning in a landslide victory in 1995. Governor Malloy was Stamford's longest serving Mayor, serving for 14 years from 1995 to 2009. Under his leadership, Stamford underwent a drastic transformation and became one of the country's top ten most livable cities, according to Forbes magazine. He brought nearly 5,000 new jobs to the city, led the fight for more affordable housing, championed transportation efforts such as the Stamford Urban Transitway, and helped to reduce the crime rate by 60 percent. He also implemented the first city-wide pre-kindergarten program, ensuring all four year olds could attend school regardless of their parents' financial situation. On November 2, 2010, Dannel P. Malloy was elected the 88th Governor of the State of Connecticut and the first governor to have been elected under the state's clean elections program. He is committed to strengthening the state's economy, growing Connecticut businesses, and bringing jobs back to cities and towns. Governor Malloy is a former trustee of the U.S. Conference of Mayors, a former President of the Connecticut Council of Municipalities, and a former member of the Stamford Cultural Development Organization. While they live in Hartford, the Governor and Mrs. Malloy call Stamford home. Mrs. Malloy and the Governor have been active in Stamford community and involved in various charities and outreach organizations. They have three sons, Dannel, Ben, and Sam.

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    John Wang is a partner in the San Francisco office of Orrick and a member of the Public Finance Department. Mr. Wang has broad experience serving as bond counsel, disclosure counsel and underwriter's counsel, focusing on a variety of types of transactions, including conduit financing for nonprofit 501(c)(3) borrowers, municipal water and wastewater financings, transportation financing, pollution control, industrial development financing, public power financing, municipal lease financings and redevelopment financings.He has a J.D. from Southwestern University School of Law and B.S., Mathematics from University of California at Los Angeles.