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Richard Dana Fairbank (born September 18, 1950) [1] is an American billionaire businessman who co-founded Capital One with Nigel Morris in 1988. [2] [3] He was on the board of directors of MasterCard International from 2004 to 2006.
Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. [2]
During Morris's ten-year tenure while he served as President, Capital One's net income after taxes (NIAT) grew at a compound annual rate of more than 32%. [citation needed] He left the bank in 2004, shifting to venture capital investing. [9] In 2007 Morris founded QED Investors with CIO Frank Rotman. [11]
Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than ...
The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates rising nationwide and said ...
The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings. The ...
In the first quarter, Capital One's net charge-off rate was 3.3%, up from 2.2% just one year earlier. Based on its credit card loans only, Capital One's net charge-off rate was 5.9%, up from 4.1% ...
A Texas jerky seller allegedly threatened to show up to a Capital One office with “a machete and gasoline” and “do things that are unforgivable” in a rage at a $543 debt, according to a ...