Tag: Capital One


Capital One sets date for hybrid return to office

May 19, 2022

Via: Banking Dive

“Capital One’s hybrid future means that the significant majority of associates will spend meaningful time working both in-person and virtually,” Fairbank said. The bank first announced its “future as a hybrid work company” in June 2021, citing a company survey […]


Wells Fargo postpones office return indefinitely

December 22, 2021

Via: Banking Dive

Wells Fargo on Tuesday became the largest U.S. bank to indefinitely postpone its office-return plan, according to a statement seen by Bloomberg and Reuters. Employees will receive further details on the bank’s plans in 2022, the statement said. Tuesday’s move […]


Citi picks Capital One’s Naveed Anwar for digital head of TTS

October 20, 2021

Via: FinTech Futures

Anwar is a six-year Capital One veteran, and currently works as the firm’s managing vice president for data platforms, strategic partnerships and integrations. Prior to his time at Capital One, he spent more than 20 years at PayPal, eBay, AOL […]

Activity, Investment Banking, Retail Banking

Capital One to acquire healthcare investment bank TripleTree

October 18, 2021

Via: Banking Dive

“Now more than ever, it’s essential to provide our clients with best-in-class solutions, products and services. Capital One and TripleTree together are well-positioned to help our healthcare clients navigate the ever-changing external landscape at every stage of their business,” Darren […]


2020 review: 10 largest regulatory fines this year

December 28, 2020

Via: FinTech Futures

Some hefty penalties have hit headlines this year, punishing a range of indiscretions including market manipulation and money laundering. Here are the largest regulatory penalties announced this year. 10. Commerzbank fined £37.8 million by FCA for AML failings The UK’s […]

Capital and Risk, Credit, Retail Banking

Capital One halts buy-now-pay-later credit card transactions

December 7, 2020

Via: Banking Dive

Buy-now-pay-later platforms have gained traction over the past decade, as startups such as Affirm, Afterpay and Klarna have appealed to millennial and Generation Z consumers with a model that allows them to pay for purchases in installments without the hefty […]

Capital and Risk, Operational

Capital One fined $80m for 2019 data breach

August 10, 2020

Via: Banking Technology

The fine relates to a July 2019 data breach which exposed the records of more than 100 million customers. A hacker accessed American and Canadian Capital One customers’ data hosted on Amazon Web Services (AWS). The breach exposed names, addresses, […]

Activity, Corporate Banking

Capital One Agents Facility for Nova Medical Centers

August 29, 2019

Via: ABF Journal

Capital One served as the sole lead arranger and administrative agent for a senior secured credit facility for Nova Medical Centers, an occupational medicine provider with 50 locations in Texas, Georgia, Tennessee and Indiana. The facility will enable the company […]

Retail Banking

Capital One reveals huge data breach by hacker

July 30, 2019

Via: Banking Technology

An external security investigator notified Capital One on 17 July and the breach was confirmed on 19 July. The FBI has arrested the alleged hacker and taken them into custody. The Financial Times reports that the suspect is Paige Thompson, […]

Capital and Risk, Credit

JPMorgan Chase Agents $165MM Revolver for Ethan Allen

December 27, 2018

Via: ABF Journal

JPMorgan Chase Bank acted as both administrative and syndication agent on an amendment to its credit agreement with interior design and home furnishings retailer Ethan Allen Interiors. The amendment provides a revolving credit line of up to $165 million. According […]

Capital and Risk, Credit, Retail Banking

This new credit card offers 4% back on dining, but is it a good deal?

August 14, 2018

Via: Market Watch

Here’s one reason to put your avocado toast and poke bowls on credit — if you can pay them off in full, of course. There’s a revamped Capital One COF, +1.59% card on the market aimed at foodies that will […]

Capital and Risk, Credit

U.S. Bank Agents New $240MM Facility for Beasley Broadcast

November 20, 2017

Via: ABF Journal

Beasley Broadcast entered into a new credit agreement for a $225 million term loan B and a $20 million revolving credit facility. According to a related 8-K filing, proceeds from new credit facilities were primarily used to repay old credit […]


Capital One Permanently Exits Mortgage and Home Equity Business

November 8, 2017

Via: Bank Innovation

The Virginia-based bank announced an abrupt, and permanent, closure of its mortgage and home equity origination business this week, citing that the sector was too competitive for the bank to turn a profit. Capital One first acquired its mortgage division […]

Activity, Corporate Banking

Amazon looking to buy Capital One?

February 16, 2017

Via: Banking Technology

Capital One, which pioneered the mass marketing of credit cards in the 1990s, is among the top ten bank holding companies in the US ranked by assets and deposits. The bank has 800+ domestic branches, including around ten Capital One […]


Capital One Provides $30MM Revolver to University Health System

July 1, 2016

Via: ABF Journal

Capital One provided a $30 million senior secured revolving credit facility to University Health System, the clinical partner for the LSU Health Shreveport School of Medicine and operator of two hospitals in Shreveport and Conway, LA. Both are safety net hospitals […]

Capital and Risk, Credit

Capital One Agents $65MM Loan to Support Blue Wolf Acquisition

May 18, 2016

Via: ABF Journal

Capital One served as administrative agent and lead bookrunner for a $65 million senior secured credit facility to support the acquisition of National Home Health Care (NHHC) by Blue Wolf Capital. Read More on ABF Journal

Capital and Risk, Operational

Federal Reserve’s Risky Decision to Loosen Bank Capital Rules

February 19, 2016

Via: The New York Times

The Federal Reserve is playing with fire on bank capital. The watchdog is allowing Capital One to buy back $300 million more in stock than was initially permitted under the most recent Dodd-Frank Act stress tests last year. That’s good […]