We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Yielding to Capital

13 March 2006 By Antony Currie

The creditcard giant is paying a 23% premium to buy the New York bank, and appears to be destroying $800m of value. But the deal secures a captive and cheap source of funds. On a longer view, it will probably be good for Capital One s shareholders.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)