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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]
Capital One Financial Corporation: Hibernia National Bank: Capital One Financial Corporation: $4.9 Billion [35] Capital One Financial: 2005 Bank of America: MBNA Corporation: Bank of America Card Services: $35 billion Bank of America: 2006 Wachovia: Westcorp Inc. (holding company for WFS Financial Inc and Western Financial Bank) Wachovia: $3.91 ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
On Tuesday, Capital One Financial announced that it has agreed to sell to Citigroup the private label and co-branded credit card accounts it runs for Best Buy . The credit card portfolio contains ...
Adding to Capital One's woes, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the bank on January 14, 2025. The CFPB alleges that Capital One engaged in deceptive practices ...
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 ...
Citibank's footprint as of mid-2020 Citibank's branch in Manhattan Chinatown in New York City Citibank's branch on Michigan Avenue in Chicago. In 2002, Citigroup, the parent of Citibank, acquired Golden State Bancorp and its California Federal Bank, which was one-third owned by Ronald O. Perelman, for $5.8 billion. [51] [52]
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2024 per the Federal Financial Institutions Examination Council, along with the market capitalization of public banks.