Topic: Capital One Financial Corporation

American Express CEO gets base pay jump

NEW YORK (Reuters) - American Express Co <AXP.N> raised Chief Executive Kenneth Chenault's base pay by 60 percent to $2 million for 2010, in the latest instance of Wall Street firms boosting regular executive compensation while cutting bonuses. Banks have made similar moves to increase base pay ...
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Class Action Takes On Capital One’s 'Payment Protection' Plan

Program so riddled with exceptions as to be 'worthless,' California suit claims A class action suit filed on Friday claims that Capital One’s “payment protection” plan imposes so many restrictions and uses so much red tape as to be “essentially worthless.” The suit, filed in U.S. District Court ...
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American Express, Capital One shares tumble

American Express, Capital One shares drop on concerns about regulationShares of American Express and Capital One Financial Corp. tumbled Friday after an analyst noted coming credit card regulations could strain profits for the companies in the year ahead. American Express shares dropped $3.57, or 8.5 percent, to close ...
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American Express, Capital One earnings beat forecasts

NEW YORK/CHARLOTTE, North Carolina (Reuters) - American Express Co <AXP.N> and Capital One Financial Corp <COF.N> both reported better than forecast fourth quarter earnings, but expressed concern about the growth outlook for credit cards. American Express, the largest U.S. credit card company by ...
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