Capital One

Capital One moves summer internships online in coronavirus response

04/02/20

About 1,000 interns were notified of the change this week. They will still receive the pay and housing funds outlined in their original offer letters.

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Capital One asks employees to work from home to fight virus

03/11/20

Capital One Financial Corp. requested that its employees work from home if they can, joining other companies in trying to stem the spread of the deadly coronavirus.

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JPMorgan hires Capital One’s Haus to lead digital technology

02/28/20

Gill Haus oversaw efforts to transform Capital One from a bank to a software company by upgrading legacy technologies, moving systems to the cloud and experimenting with different ways of using data.

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Banks are raising credit card limits without asking customers

01/23/20

It might sound like a risky strategy at a time when millions of Americans are drowning in debt, but that's exactly what big banks have been doing lately.

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Wells Fargo making progress with customers: J.D. Power

12/12/19

TD Bank claimed the top spot in J.D. Power’s national bank satisfaction survey, but Wells Fargo showed the greatest year-over-year improvement.

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Falling used-car prices pose risk to auto lenders: Capital One CEO

12/12/19

The average price of a previously owned car has fallen in two consecutive months, and if the trend continues, lenders could see losses mount, Richard Fairbank said this week.

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Trump loses appeal over Capital One, Deutsche Bank subpoenas

12/03/19

The ruling by a three-judge panel means the president will lose control of his long-secret business and personal records at the two banks unless the full court reconsiders or the U.S. Supreme Court blocks the decision.

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Banks are all revved up for boat, RV lending

11/14/19

Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.

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Big banks want to make it easier to share consumer data with startups

11/12/19

The Clearing House is pushing contract terms that would give fintechs quicker access to consumers' financial information, but one large upstart has taken issue with the proposal's language.

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Daley reunites with Scharf at Wells; Capital One demotes cybersecurity chief

11/08/19

The two previously worked at BNY Mellon in similar roles, Scharf as CEO and Daley as head of public affairs; Michael Johnson’s demotion follows the bank’s massive data breach in July.

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