Richard Dana Fairbank (born September 18, 1950) is an American billionaire businessman who co-founded Capital One with Nigel Morris in 1988. He was on the board of directors of MasterCard International from 2004 to 2006.About Capital One

Founder-led by Chairman and Chief Executive Officer Richard Fairbank, we believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. Across the company, we're building customer experiences that are real-time and intelligent.Citibank does not own Capital One — the two popular financial institutions are entirely independent. Capital One is a $40 billion company that offers banking services and credit cards. Citibank is an $81 billion-plus business that provides similar services online and through an extensive network of physical branches.

How did Richard Fairbank start Capital One : Fairbank founded what was to be Capital One Corp., he and fellow consultant Nigel W. Morris in the late 1980s devised a plan to revolutionize the credit card industry by developing a “more integrated and scientific approach” to marketing bank cards.

Who is Capital Bank owned by

On December 1, 2017, Memphis, Tennessee-based First Horizon National Corporation completed its $2.2 billion purchase of Capital Bank.

How rich is Capital One : Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A. , and Capital One Bank (USA), N.A. , had $311.0 billion in deposits and $432.4 billion in total assets as of December 31, 2021 .

Board of Directors

Richard D. Fairbank Chairman, President & Chief Executive Officer	Capital One Financial Corp.
Suni Pedersen Harford Director	Capital One Financial Corp.
Franois Locoh-Donou Independent Director	Capital One Financial Corp.

Capital One Financial Corporation

OVERVIEW Capital One Financial Corporation (the "Corporation"), is a holding company, incorporated in Delaware on July 21, 1994, whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy ("IBS").

Who is Capital bank owned by

On December 1, 2017, Memphis, Tennessee-based First Horizon National Corporation completed its $2.2 billion purchase of Capital Bank.Capital One is owned by Capital One Financial Corporation, a financial services holding company.Founded by Richard Fairbank in 1988, Capital One began as a monoline credit card company. Today we have grown into a Fortune 500 full-service commercial and retail bank with operations in the United States, Canada and the United Kingdom.

The nation's biggest banks include both traditional retail banks and investment banks. While Chase, Bank of America, Wells Fargo and Citi stand out as big banks, U.S. Bank, PNC Bank, Goldman Sachs, Truist Bank, Capital One and TD Bank round out the 10 largest banks in the U.S.

Is Capital One owned by HSBC : Capital One Financial Corporation (NYSE: COF) announced today a definitive agreement under which Capital One will acquire HSBC's domestic credit card business, including its approximately $30 billion credit card portfolio, for an 8.75 percent premium to par value of all receivables.

Is Capital One a safe Bank : Your money is safe at Capital One

Capital One, N.A., is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency.

How risky is Capital One bank

Your money is safe at Capital One

Capital One, N.A., is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency.

25, 2024 /PRNewswire/ — Capital One Financial Corporation (NYSE: COF) today announced net income for the fourth quarter of 2023 of $706 million , or $1.67 per diluted common share, compared with net income of $1.8 billion , or $4.45 per diluted common share in the third quarter of 2023, and with net income of $1.2 …Discover Financial Services

In February 2024, Capital One agreed to buy Discover Financial Services for more than $35 billion, in a deal that would unite two of the largest U.S. credit-card companies. The proposed acquisition comes at a time when consumers are shifting more of their payments from cash to credit cards.

Is Capital One a US company : Capital One is headquartered in McLean, Virginia, the US.