Following the successful completion of the acquisition of HSBC Holdings Plc’s (NYSE:HBC) U.S. credit card operations, Fitch Ratings affirmed all the ratings for Capital One Financial Corp. (NYSE:COF). In addition, the rating agency removed the company as well as all its subsidiaries from Rating Watch Negative and maintained a “Stable” outlook.
Moreover, Fitch reiterated Capital One’s long-term Issuer Default Ratings (IDRs) at “A-“ and subordinated debt at “BBB+”.
Capital One wrapped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards