Capital One bulks up U.S. cards with $33 billion HSBC buy

Started by Reuters, Aug 10, 2011, 03:02 PM

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Reuters

Aug 10, 2011, 03:02 PM
HONG KONG (Reuters) - HSBC is selling its U.S. credit card arm to Capital One Financial Corp in a $32.7 billion deal as Europe's top bank streamlines its mammoth operations.

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