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Capital One
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Summary
location iconMcLean, Virginia
website
company sizeCompany size: 5000+

Capital One Financial Corporation, incorporated in July 21, 1994, is a diversified banking company focused primarily on consumer and commercial lending and deposit origination. Its principal business segments are Local Banking and National Lending. Local Banking includes consumer, small business and commercial deposits, and lending conducted within its branch network.

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Commercial Banks
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Capital One - Recent News & Articles

Trump’s Treasury is running out of money fast. Why the ‘x date’ matters for markets.

The Trump administration has exhausted its legal authority to issue new incremental debt to pay the U.S. government’s obligations — for everything from Social Security checks to military operations. I...

Source: MarketWatch

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...

Source: CNBC

As Debt Ceiling Looms, the Fed Tweaks Its Portfolio Runoff

Process of shedding assets and draining bank reserves could collide with dynamics related to raising the federal debt limit. Federal Reserve officials made an adjustment on Wednesday to their policy o...

Source: Wall Street Journal

China’s central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan

The People’s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. ...

Source: CNBC

ICAI may review financial statements of IndusInd Bank amid accounting discrepancies

”As a proactive measure, ICAI-FRRB may undertake a review of the financial statements of IndusInd Bank,” ICAI President Charanjot Singh Nanda told PTI on Thursday. The private sector lender, on March ...

Source: CNBC-TV18

Fintech Klarna files for IPO at a weak point for public debuts

Klarna Group Plc has filed for a U.S. initial public offering at a weak moment for company debuts, though the fintech player thinks it can offer investors more than just its buy-now-pay-later products...

Source: MarketWatch

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

Calastone Research Reveals Tokenisation Could Save $135 billion for Asset Management Industry

Calastone, the largest global funds network, has today released groundbreaking research, revealing that tokenisation – the process of transforming asset ownership into digital tokens on a blockchain –...

Source: Fintech Finance News

PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions

The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...

Source: The Fintech Times

Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued E...

Source: CNBC