News

Capital One CEO says US consumers are in 'good shape,' but there are 'worrying signs'
Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the ...
Consumers Are a 'Source of Strength' for the US Economy, Capital One CEO Says
Key Takeaways Capital One CEO Richard Fairbank said consumers are relatively healthy and remain a "source of strength in the ...
With tariffs looming, Capital One's CEO says 'the US consumer is in good shape' — for now
Purchase volume on Capital One's credit cards rose 5% to $157.9 billion in the first quarter.
A tale of 2 consumers: High earners doing fine while lower-income households 'under some pressure'
Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But earnings commentary and Wall Street data point to increasing cautiousness, especially for lower-income ...
Capital One says consumers are doing OK. Here’s where they may be trying to beat tariffs.
Credit-card giant Capital One Financial Services Inc. says consumers are hanging in there as the U.S. braces for the fallout ...
Banking Dive9d
Capital One readies for Discover integration work
With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard ...
American Banker9d
Capital One-Discover merger is a go — now come the costs
Capital One outlined some of its to-do items as it integrates with Discover, which include long-haul investments in ...
ConsumerAffairs11d
Regulators approve the Capital One acquisition of Discover
Capital One’s acquisition of Discover has received final regulatory approval and is expected to close on May 18, 2025. The ...
Yahoo Finance9d
Consumers Are a 'Source of Strength' for the US Economy, Capital One CEO Says
Capital One CEO Richard Fairbank said consumers are relatively healthy and remain a "source of strength in the economy," during a quarterly earnings conference call on Tuesday. Credit card trends ...