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Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. [2]
Richard Dana Fairbank (born September 18, 1950) [1] is an American billionaire businessman who co-founded Capital One with Nigel Morris in 1988. [2] [3] He was on the board of directors of MasterCard International from 2004 to 2006.
During Morris's ten-year tenure while he served as President, Capital One's net income after taxes (NIAT) grew at a compound annual rate of more than 32%. [citation needed] He left the bank in 2004, shifting to venture capital investing. [9] In 2007 Morris founded QED Investors with CIO Frank Rotman. [11]
2024 company ranking: No. 465. After stepping down as CEO of footwear company LA Gear, which he also co-founded, Greenberg created Skechers with a focus on men’s street shoes in 1992. One of the ...
On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country while ...
As part of the merger with Bass Pro Shops, Cabela's sold the World's Foremost Bank aspect of their business, including over $1 billion in assets, to Synovus Financial Corp. and Capital One Financial Corp. [73] After the deal was completed, Synovus planned to sell the credit card assets and related liabilities to Capital One Bank (USA) NA. [74]
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