Capital One

USAA Bank Raises the Bar Among Financial Services, While Credit Unions Bounce Back After 5-Year Slide, ACSI Data Show

Retrieved on: 
Tuesday, February 20, 2024
Banking, Professional Services, Finance, Online, ATM, Incidence, Marketing, Michigan State University, Fidelity, Capital One, Bank, Credit, UBS, Chase, PNC Financial Services, ACSI, Toronto-Dominion Bank, Citibank, LPL Financial, University, COVID-19, City centre, Associate, LPL, Regions Financial Corporation, Bank of America, Retail

According to the American Customer Satisfaction Index (ACSI®) Finance Study 2023-2024 , all four industries measured — banks, credit unions, financial advisors, and online investment — experience upticks in satisfaction.

Key Points: 
  • According to the American Customer Satisfaction Index (ACSI®) Finance Study 2023-2024 , all four industries measured — banks, credit unions, financial advisors, and online investment — experience upticks in satisfaction.
  • Banks (up 3%) and financial advisors (up 1%) lead the way with scores of 80 on the ACSI’s 100-point scale.
  • “While banks and credit unions have improved their customer service via digital channels like websites and mobile apps, consumers still appreciate the personal touch.
  • USAA Bank, available to military-affiliated individuals and families only, leads all banks with an ACSI score of 87, setting the bar for website satisfaction and mobile reliability.

DISCOVER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Discover Financial Services - DFS

Retrieved on: 
Wednesday, February 21, 2024
Class Action Lawsuit, Professional Services, Legal, KSF, Capital One, Discover Financial, DFS, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF).
  • Under the terms of the proposed transaction, shareholders of Discover will receive 1.0192 shares of Capital One for each share of Discover that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Montrose Environmental Group Upsizes Credit Facility to $400 Million

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Environmental Health, Consulting, Senior, Capital One, MEG, Bank, Bank of America, Growth, Form, Line of credit, Wells Fargo, Security (finance), Movement, Credit, JPMorgan Chase

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG), today announced that it has upsized its Senior Secured Credit Agreement (“Credit Facility”) to $400 million.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG), today announced that it has upsized its Senior Secured Credit Agreement (“Credit Facility”) to $400 million.
  • The additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to the term loan.
  • The Credit Facility will be available for working capital needs, growth initiatives and general corporate purposes.
  • The interest rate and the term of the Credit Facility remain unchanged with a maturity date in April 2026.

COF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Capital One Financial Corporation Is Fair to Shareholders

Retrieved on: 
Tuesday, February 20, 2024
Class Action Lawsuit, Professional Services, Legal, Advertising, Capital One, Capital, Fraud, Discover Financial, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital One Financial Corporation (NYSE: COF) and Discover Financial Services is fair to Capital One shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital One Financial Corporation (NYSE: COF) and Discover Financial Services is fair to Capital One shareholders.
  • Under the terms of the proposed transaction, Discover shareholders would receive 1.0192 Capital One shares for each Discover share.
  • Upon closing of the proposed transaction, Capital One shareholders would own approximately 60% of the combined company.
  • On behalf of Capital One shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

DFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Discover Financial Services Is Fair to Shareholders

Retrieved on: 
Tuesday, February 20, 2024
Class Action Lawsuit, Professional Services, Legal, Advertising, Fraud, Discover Financial, DFS, Sale, Capital One, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share is fair to Discover shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share is fair to Discover shareholders.
  • Upon closing of the proposed transaction, Discover shareholders will own approximately 40% of the combined company.
  • On behalf of Discover shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Freelance Marketplace Leader goLance Welcomes Brian Childress as CTO

Retrieved on: 
Thursday, March 7, 2024
JavaScript, Python, Freedom, Interview, Capital One

DOVER, Del., March 7, 2024 /PRNewswire-PRWeb/ -- goLance, an industry-leading online global freelance marketplace that connects skilled virtual teams and freelancers with clients, announced today that they have hired Brian Childress as Chief Technology Officer (CTO). In this role, Childress is focused on advancements to the goLance award-winning platform that finds, manages, and pays freelancers quickly and securely.

Key Points: 
  • DOVER, Del., March 7, 2024 /PRNewswire-PRWeb/ -- goLance , an industry-leading online global freelance marketplace that connects skilled virtual teams and freelancers with clients, announced today that they have hired Brian Childress as Chief Technology Officer (CTO).
  • Childress joins goLance with more than 15 years of technical product and software development experience including roles at Capital One, WealthForge, Calendly and ByDesign.
  • goLance is disrupting the future of work by offering a new way to think about, recognize, and reward workers in the freelance marketplace.
  • "In joining the amazing goLance team, my primary focus is on enhancing the already robust platform to meet the current demands of our users, and anticipate future needs," stated Brian Childress, CTO, goLance.

Purchasing Power® Completes $200 Million Asset Backed Securitization

Retrieved on: 
Tuesday, March 5, 2024
Better Life, Electronics, Barclays, Purchasing power, Government, Capital One, Health insurance

The new credit facility will support Purchasing Power's growth plan into the first quarter of 2026.

Key Points: 
  • The new credit facility will support Purchasing Power's growth plan into the first quarter of 2026.
  • Purchasing Power, LLC, announced today it closed a $200 million securitization on February 28, 2024.
  • "Purchasing Power's mission of Powering People to a Better Life is always well received and resonates deeply in the investment community," said Ron Oertell, Chief Financial Officer at Purchasing Power.
  • "This securitization maintains our ability to continue to serve our employee customers and employer clients by offering this unique, highly valuable benefit.

NEW YORK COMMUNITY BANCORP, INC. CONTINUES TO STRENGTHEN MANAGEMENT TEAM AND ENHANCE RISK FRAMEWORK

Retrieved on: 
Friday, March 1, 2024
Community Bank, Capital One, Risk management, Record, Bank, First Union, NYCB, Wells Fargo, AmSouth Bancorporation, U.S. Bancorp, Chief audit executive, Regions Financial Corporation, Bank of America, United Community Bank, Management

HICKSVILLE, N.Y., March 1, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced the appointments of George F. Buchanan III as Executive Vice President and Chief Risk Officer and Colleen McCullum as Executive Vice President and Chief Audit Executive, effective immediately.

Key Points: 
  • The leadership team identified the material weaknesses disclosed yesterday and has been taking the necessary steps to address them, including appointing new executives.
  • Mr. Buchanan brings over 30 years of financial services-related risk management and credit experience, having previously held roles at First Union, AmSouth Bank, US Bank, and Regions Bank.
  • George and Colleen are proven leaders with large bank and public company expertise and successful track records of delivering operational excellence.
  • George's risk management experience, coupled with Colleen's audit acumen, will be important as we continue to upgrade our executive leadership team and ensure we execute on our goals."

Suni Harford to Join the Capital One Board of Directors

Retrieved on: 
Thursday, February 29, 2024
Citibank Canada, Market, Capital One, Risk management, UBS, Citibank, Executive Committee, Audit committee, United States Army, Organization, Security, Capital, Suni, FICC, Clearing Corporation, Citigroup, Veteran, Management

MCLEAN, Va., Feb. 29, 2024 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF), today announced that seasoned financial services industry executive Suni P. Harford has been appointed to the company's Board of Directors, effective April 1, 2024. Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024. As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.

Key Points: 
  • Ms. Harford will stand for election to the Board by Capital One shareholders in May 2024.
  • As a member of the Board, Ms. Harford will serve on the Audit Committee and Risk Committee.
  • While at UBS, Ms. Harford also served as the UBS Group Executive Board Lead for the firm's sustainability and impact efforts.
  • "I am thrilled to welcome Suni to our Board of Directors," said Richard D. Fairbank, Founder, Chairman, and Chief Executive Officer of Capital One.

Weekly Recap: 11 Press Releases You Might Have Missed

Retrieved on: 
Friday, February 23, 2024
Name, Acquisition, Social media, Tree, Freedom, Restaurant, Days Inn, Coach, PR Newswire, Workplace, Capital One, Catona, News, Wayfair, Farmer, Discover Financial, Database, TIME, Synopsys, ChatGPT, Carbon, Geography, Health, Keurig, Climate change, KFC, Match Group, Pepsi Zero Sugar, Coffee, Nikola Corporation, Environment, First Time, Capital, Trees for the Future, Imagination, Reebok, Science, Microsoft, Related, Woman, Partnership

NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.
  • These are just a few of the recent press releases that consumers and the media should know about.