Today: September 16, 2024
Today: September 16, 2024

Capital One

Business

Capital One beats profit estimates on interest income boost

Capital One Financial on Thursday sailed past estimates for third-quarter profit as the consumer lender charged higher interest rates on loans, sending its shares up more than 4% in

Capital One beats profit estimates on interest income boost
Business

Capital One's profit drops on higher credit loss provisions, FDIC charge

Capital One Financial posted a 43% drop in its fourth-quarter profit on Thursday, as the credit card lender set aside more funds to cover souring loans and recorded a charge related to

Capital One's profit drops on higher credit loss provisions, FDIC charge
Business|News

Americans' reliance on credit cards is the key to Capital One's bid for Discover

Americans have become increasingly reliant on their credit cards since the pandemic

Americans' reliance on credit cards is the key to Capital One's bid for Discover
Business

Exclusive-CapOne tells regulators Discover deal will boost competition and stability, sources say

Capital One's $35.3 billion merger with Discover Financial will boost competition and be good for financial stability, the bank says in its regulatory

Exclusive-CapOne tells regulators Discover deal will boost competition and stability, sources say
Business

Walmart can end Capital One credit card partnership early, US judge rules

A federal judge ruled on Tuesday that Walmart can end its credit card partnership with Capital One early because the bank failed to provide the required level

Walmart can end Capital One credit card partnership early, US judge rules
Business|Economy|News

Capital One's first-quarter profit jumps on interest income boost

Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates.

Capital One's first-quarter profit jumps on interest income boost
Business|Economy

Walmart ends credit card partnership with Capital One, but shoppers can still use their cards

Walmart has ended a partnership with Capital One that made the banking company the exclusive issuer of Walmart’s consumer credit cards

Walmart ends credit card partnership with Capital One, but shoppers can still use their cards
Business

Walmart, Capital One settle lawsuit over credit card partnership

Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer

Walmart, Capital One settle lawsuit over credit card partnership
Business|Economy

Capital One pledges $265 billion in lending, philanthropy as it tries to clinch Discover deal

Capital One will commit $265 billion over five years to lending, philanthropy and investment if its takeover of Discover Financial Services goes through, the

Capital One pledges $265 billion in lending, philanthropy as it tries to clinch Discover deal
Business|Finance

Capital One, community groups square off in public meeting on Discover deal

Capital One CEO Richard Fairbank and other executives went head-to-head with critics of its Discover Financial Services deal at a public

Capital One, community groups square off in public meeting on Discover deal
Business|Economy|Finance

Capital One profit drops 61% as it stockpiles more money for loan losses

Capital One Financial's profit fell 61% in the second quarter, it reported on Tuesday, as it set aside more money to cover losses on loans. 

Capital One profit drops 61% as it stockpiles more money for loan losses

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