During the third quarter, Capital One increased its quarterly allowance for loan losses by $208.6 million to $3.5 billion. The bank reported a profit of $374.1 million, or $1 per share, for the quarter. Capital One said the Chevy Chase ...
NEW YORK -- Capital One Financial Corp. said Thursday it will acquire Chevy Chase Bank for $520 million in cash and stock, as it continues to bolster its deposit base to help fund operations amid the ongoing credit crisis. ...
As part of that strategy, Capital One announced that it had agreed to purchase Chevy Chase Bank, which has many locations in and around the Washington D.C. metro area. This increases their access to customers as well as provides for ...
During the presidential campaign, we ran a series of posts highlighting the educational background of the presidential and vice presidential candidates. So now that Barack Obama is choosing members of his cabinet, we’ll be doing the ...
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In the midst of a major banking crisis, Capital One is now expanding, buying Chevy Chase bank. Capital One, a McLean firm, would get Chevy Chase's 250 branches -- the wealthy region's largest branch network. Capital One has pursued a ...
But the judge ruled Chase applied special rules to approve loans for Percudani-built homes — different from the rules Chase applied to all other loans — by allowing Percudani to collect rent payments from those buyers and gradually ...
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A federal regulator said today it terminated the cease-and-desist order against Fremont Investment & Loan in Brea, a once top subprime lender that no longer exists. In July, parent company...
