Street Talk
Street Talk
Nathan Stovall | S&P Global Market Intelligence
Ep 32 - On the ground in Puerto Rico – S&P investigates how bankers dealt with Hurricane Maria
20 minutes Posted Oct 15, 2018 at 3:21 pm.
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Show notes
Hurricane Maria caused close to $90 billion in damages in the Caribbean and took the lives of a nearly 3,000 people in Puerto Rico. The storm devastated telecommunications services and turned the island into a cash economy, making funds scarce for many banking customers. Lindsey White, who manages S&P Global's financial institutions' news team, visited Puerto Rico and spoke with bankers, regulators and members of the community about the aftermath of the storm, how banks responded and the market opportunities that lie ahead.