capital one

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Finance

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Nov 24, 2024

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Isai Vera-ledesma Dr. Dickens Fina 3650 Date Research Paper On Capital One

Background  Capital one is an American brand that was launched in ,in mid 1990s and has more than 47000 employees.  Due to it small size, capital one was able to respond quickly to market demands though in the growth process it lost some agility.  With around 50 thousand workers and a turnover total of $28 billion by 2018, Capital One is considered the 5th biggest consumer financial company in the United States and eighth largest marginally.  Capital One operates in an extremely regulated environment and complies with existing regulations such as "the New York Stock Exchange (" NYSE "), the 2002 Sarbanes-Oxley Act, the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and the Securities and Exchange Commission (SEC) rules of implementation thereof.

Expansion/business model  Capital One increased its market share in the UK and Canada in 1996.  The bank was included in the Standard & Poor's 500, and its inventory price reached $100 in 1998.  Capital One has been focusing on the procurement of monolines in several related sectors throughout its evolution.  During Capital One's 2008 subprime financial crisis, the US Treasury, because of the Troubled Asset Relief Program in the year 2008, gave $3.56 billion in investments.  Capital one growth is based mostly on information based strategy which integrates promotional activities with substantial statistical analysis to enhance the understanding of the needs and risk profiles of clients.  the firm utilizes information from various sources to borrow from a customer, giving the organizations a competitive advantage.

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Business divisions  Capital One Credit Card- Capital One began as a credit card provider.  Credit cards are issued in the US, the UK and Canada, with financial scholars and other entrusted economists perceiving it as the third- largest issuer of credit cards in America by 2016, accounting for 62.5 million card holders, representing 11.13% of the overall market share.  Capital One 360 – Consumer Banking- Capital One 360, is a direct financial institution which regularly provides financial services such as account checks, savings and cash market accounts, is operated by Capital One.  . In this department, the plan provides individuals, communities and families a wide range of mass markets and personalized financial products (Pritchard).  Capital One Commercial Banking- The business unit provides a variety of services, including consumer loans, deposit-taking, capital markets, management of treasury, private investment management.

Capital One’s Response to the Covid-19 Pandemic  Capital One continues to support local communities by promoting vaccination efforts towards underrepresented and marginalized communities.  The COVID-19 pandemic had a particularly negative impact on the health of black and other immigrant communities.  although these are all the societies that require assistance and solutions most, they get the lowest rates of vaccination.  The RCHD couples with Capital One throughout the metropolitan region of Richmond and Washington try to change this by making access to vaccines and education fairer and more equal (White).  Capital one has put efforts to provide access to vaccines by offering financial reliefs.  Capital One, as a company deeply invested in promoting socioeconomic accessibility in underserved populations, recognizes the pandemic's negative impact on minority communities.

Works cited  Anand, Bharat N., Michael G. Rukstad, and Christopher Paige. "Capital One Financial Corporation." Harvard Business School Case 700-124, April 2000. (Revised May 2000.)  Clemons, Eric K., and Matt E. Thatcher. "Capital One Financial and a decade of experience with newly vulnerable markets: Some propositions concerning the competitive advantage of new entrants." The Journal of Strategic Information Systems 17.3 (2008): 179-189.  Pritchard, Justin. “Capital One Bank Review: Is Capital One a good bank?” the balance, 26, Mar 2021, https://www.thebalance.com/capital-one-360-review-315139  White, Alexandria. “Capital One cardholders may receive fee suppression and minimum payment assistance if affected by coronavirus,” Select, 30, Aug 2020, https://www.cnbc.com/select/capital-one-coronavirus-assistance/

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