capital one financial corp (COF) Key Developments
Capital One And Apollo Reportedly Bids For GE Health
Jun 25 15
Apollo Global Management, LLC (NYSE:APO) and Capital One Financial Corporation (NYSE:COF) have bid for health-care finance unit of General Electric Company (NYSE:GE) for approximately $11 billion, people with knowledge of the matter said. Ares Management, L.P.(NYSE:ARES) and Ventas, Inc. (NYSE:VTR) also bid for the unit. General Electric is working with JPMorgan Chase & Co. (NYSE:JPM) on the sale and may select a buyer by the end of July 2015. Representatives for General Electric and JPMorgan declined to comment. Representatives for Capital One, Ventas, Apollo and Ares didn’t immediately respond to requests for comment.
Capital One Launches Capital One Investing Platform
Jun 18 15
Capital One Financial Corporation has announced the launch of Capital One Investing, a digital platform that pairs its automated investing tools for retail investors with human advisers. Led by industry veteran Yvette Butler, who was appointed president of the business earlier this year, Capital One Investing will merge Capital One ShareBuilder's digital tools and accounts with Capital One Investing Services' established team of professional advisors.
Capital One Financial Corporation Presents at Novogradac New Markets Tax Credit Conference, Jun-11-2015 10:45 AM
Jun 8 15
Capital One Financial Corporation Presents at Novogradac New Markets Tax Credit Conference, Jun-11-2015 10:45 AM. Venue: Marriott Marquis, Washington, District Of Columbia, United States. Speakers: Spencer Gagnet.
Capital One Financial Corporation Presents at Morgan Stanley Financials Conference 2015, Jun-10-2015 09:45 AM
Jun 6 15
Capital One Financial Corporation Presents at Morgan Stanley Financials Conference 2015, Jun-10-2015 09:45 AM. Venue: The Waldorf-Astoria Hotel, 301 Park Avenue at 50th Street, New York City, New York, United States.
General Electric To Sell Its US Lending Assets
May 31 15
General Electric Company (NYSE: GE) has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, a source familiar with the situation said. GE spokesman declined to comment. U.S. Bancorp (NYSE:USB), Wells Fargo & Company (NYSE:WFC), Ally Financial Inc. (NYSE:ALLY), General Electric Company (NYSE:GE), The Toronto-Dominion Bank (TSX:TD), Capital One Financial Corporation (NYSE:COF) and CIT Group Inc. (NYSE:CIT) are among the potential bidders for the GE assets, the paper said, citing people familiar with the matter. GE is working with Credit Suisse Group AG and Goldman Sachs Group Inc on the sale, while J.P. Morgan Chase & Co is overseeing all of the sales processes, according to the source.