Capital One

JPMorgan's branch expansion: Threat to rivals, or overreach?

01/23/18

A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey over-expansion.

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Early returns: 2018's top-performing bank stocks

01/17/18

Which large and midcap bank stocks have the most momentum? These 12 banks started the year off with the biggest bang, as measured by gains in stock price.

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Capital One names new chief risk officer, general counsel

01/09/18

The McLean, Va., company said that the personnel moves were unrelated to either its financial performance or its risk performance.

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Consumer complaints surge for Capital One, fall for Wells Fargo

01/05/18

Consumer Financial Protection Bureau complaints dropped last year for most of the big banks, including Wells Fargo, though they rose sharply at Capital One.

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CFTC to move on bitcoin; Citi fined in AML case

01/05/18

Agency plans to address issues and regulation of cybercurrencies; OCC says the bank failed to fix problems cited in a 2012 consent order.

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Double-booking glitch at Capital One a red flag for all banks

01/04/18

Customers saw transactions recorded multiple times and experienced drained accounts and long hold times. It’s a warning to all financial institutions as they head further into mobile-only banking — glitches are more visible and painful and need to be addressed faster than ever.

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Jack Ma fails again; mortgage lenders in credit score fight

01/04/18

Billionaire’s bid to buy MoneyGram is his latest setback trying to crack the U.S. market; banks want to stick with FICO while nonbanks want to use VantageScore.

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Change in tax rate will cost Capital One $1.9 billion in 4Q

12/26/17

The McLean, Va., company and several other banks have disclosed the charges they expect to record in the fourth quarter due to lower values on their deferred tax assets.

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Why do most U.S. banks shut the door on 'open banking'?

12/20/17

EU banks will soon start sharing customer account data with all third parties their customers approve. Very few U.S. banks have latched on to this concept. Here’s why.

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Consumer lending 2017: Bold bets and strategic exits

12/13/17

In a year of political upheaval and weak commercial credit growth, lenders sought to capitalize on an economic bright spot — consumer spending — by reviving the personal loan, allying with fintechs and exiting traditional business lines that no longer made sense.

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