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Capital One Financial Corp. (COF) has agreed to buy Beech Street Capital, a mortgage firm that specializes in government-insured and multifamily loans.
August 19 -
Capital One says it will take its time in deciding the best way to bring apartment lender Beech Street Capital into the fold. Execs look to add the benefits of the originate-to-sell lender without messing up its winning formula.
August 19 -
Capital One (COF) and Fifth Third (FITB) are the only two banks that received perfect scores for transparency according to a study of checking-fee disclosures released Tuesday by WalletHub, a personal-finance website.
August 6
Capital One (COF) has bolstered its commercial-lending team by hiring bankers away from JPMorgan Chase and the CIT Group.
Joseph Nastri and Marcy Dean have joined the McLean, Va., bank's middle-market lending team in New York, Capital One announced Monday. Nastri is a market executive and Dean is senior vice president in the $296 billion-asset company's New York region.
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Before joining Capital One, Nastri managed JPMorgan Chase's (JPM) middle-market apparel group. Earlier, he worked for Bank of America (BAC) and its predecessors.
Nastri "brings invaluable experience and a track record of success in commercial banking," said Ellen Marshall, regional executive for the New York area, in the news release. "His deep knowledge of the industry and the region make him a strong addition to our team."
Dean had spent nine years as a director at the CIT Group (CIT), focusing on technology, software and information-services companies.
