Julie Rakes News
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Capital One Financial Corp., the bank that gets more than half of its revenue from credit-card lending, plans to dismiss 26 employees later this year at a facility in Long Island, New York.
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Capital One Financial Corp., the bank that gets more than half its revenue from credit cards, gave Chief Executive Officer Richard Fairbank a portion of his compensation in cash for the first time since at least 1997.
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Since 2009, Anita Reyes’ wages have been as frozen as Lake Minnetonka in January.
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R. Allen Stanford, the onetime Caribbean banking tycoon found guilty of helming a $7 billion investment fraud, was brought down by his own arrogance and greed, jurors said.
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Capital One Financial Corp., the lender that acquired ING Groep NV’s online U.S. bank this year, posted a higher first-quarter profit as credit-card rewards programs fueled customer spending.
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Capital One Financial Corp., the lender that purchased ING Groep NV’s online U.S. bank this year, reported a 37 percent increase in first-quarter profit as credit-card rewards programs fueled customer spending.
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CIFG Assurance North America Inc. sued GreenPoint Mortgage Funding Inc., claiming the shuttered company provided false information and made material omissions about loans it originated.
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Capital One Financial Corp. considered a takeover bid last year for E*Trade Financial Corp., though an offer was never made, the Wall Street Journal reported, citing people familiar with the matter.
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Capital One Financial Corp., the McLean, Virginia-based credit-card company, reported first- quarter profit on decreased losses for bad loans. Shares surged in late trading.
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Capital One Financial Corp. Chief Executive Officer Richard D. Fairbank, who’s making the largest U.S. banking acquisition since 2008, has built the Virginia- based credit-card lender into one of the nation’s biggest consumer-financial companies.
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