Capital One Halts Buy-Now-Pay-Later Credit Card Transactions
The company said the rapidly growing market was risky for consumers.
CFOs On the Move: Week Ending December 4
Salesforce, Capital One, WarnerMedia, Bombardier, Humanetics Group, Southern Company Gas, Strive Health, LeaseLock, Eaton, Vornado Realty Trust
Capital One Fined $80 Million Over 2019 Hack
The Federal Reserve is also requiring the bank to improve controls.
Heads Up: Cybercriminals Are Businesspeople
Understanding the business model behind cybercrime can be a helpful thought experiment to help CFOs allocate appropriate resources to cyber defenses.
Capital One Swings to $971 Million Loss in Q4
The credit card issuer increased its credit loss provision by 5% and also took a $1.77 billion hit from the new tax law.
Fraud Analyst Found Liable for Insider Trading
A jury finds the proprietary sales data that a former Capital One employee used to trade in retail stocks was "material."
GE Sheds Another Finance Asset in $9B Deal
The sale of GE's healthcare lending unit to Capital One Financial brings its announced divestitures of finance assets to about $78 billion.
Willingness to Spend Cash ‘Tempered’
Finance executives want to deploy cash, but they are becoming less inclined to lower their cash cushions.