The Success of Capital One: A Company Overview
Capital One is an American bank holding company that specializes in credit cards, auto loans, banking, and savings products. Headquartered in McLean, Virginia, Capital One has about 812 branches, 18 Cafés, and 2,000 ATMs. The company has a strategy focused on growth through diversification and acquisitions. In recent years, it has made a number of acquisitions, including North Fork Bancorp for $14.6 billion in 2005 and ING Direct for $9 billion in 2012. Capital One is led by CEO Richard Fairbank who co-founded the company in 1988.