Capital One | featured news

The Consumer Financial Protection Bureau delivered its first enforcement action against the financial industry, fining Capital One for pressuring and misleading more than two million credit card customers.

J.P. Morgan, Capital One and Barclays plan to let customers use a mobile-payments service being developed by wireless carriers as part of a trial set to begin this summer.

Capital One Financial completed its $6.3 billion acquisition of ING Direct USA from ING Groep.

Fannie Mae has appointed Capital One's Susan R. McFarland to serve as chief financial officer. She is the third person to hold the position since Fannie entered conservatorship.

Capital One Financial Corp has won the bidding for ING Groep NV's U.S. online banking operations, the Wall Street Journal reported on Thursday.

Capital One Financial joined U.S. Bancorp and BB&T, saying it would offer common shares as it looks to raise cash and pay back its TARP funds.

Losses overseas and another round of weak earnings reports pushed U.S. stocks lower. Capital One and Harley Davidson sank.