Capital One grows portfolio, identifies tech investments | Auto Finance News | Auto Finance News

Capital One grows portfolio, identifies tech investments

Pedestrians pass in front of a Capital One Financial Corp. bank branch in New York, U.S. Photographer: Sarah Blesener/Bloomberg

Capital One Financial Corp.’s auto origination volume rose 11% to $29.3 billion last year, although Chief Executive Richard Fairbank expressed concerns about “increasing competitive intensity” that could hinder growth, during the company’s fourth-quarter earnings call.  “Over the last few years, there was a pullback of a couple of competitors that we took advantage of,” Fairbank said. “Both […]

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