Introducing Capital One
European Capital One
Capital One in the UK began when Rob Habgood (US team) flies into London in and sets up Capital One's UK office in the second bedroom of his London flat.
The first product test takes place in July 1996 and over 4,000 customers are acquired. By September, the UK office relocated to London's West End.
By December, Capital One has 11 staff on the UK payroll.
The first three graduates join in September. At this time, the UK credit card market is dominated by a few large with high APRs.
Move to Nottingham and a derelict print works, refurbished as Trent House.. In July, the Rt. Hon. John Prescott MP officially opens the building suitable for over 900 associates (Capital One employees).
Growth requires a new development that will be adjacent to the existing Nottingham-based Operations Centre. The new site is Loxley House. UK associate numbers exceed 1,000.
Capital One is named as the 3rd ‘Best Place to work in the UK’ by the Sunday Times.
Number of UK associates reach 2,200. Capital One forces a change in the market, even the most traditional banks offer low rate balance-transfer cards. The market has changed, and Capital One continue to push the boundaries of both our business and the wider market by encouraging recruits to design new products for new markets.
By 2001 the company is a success and its business strategy can work on an international scale, forever changing, growing and diversifying. Phenomenal growth pays testament to the drive and energy of thier employees and sets the standard for those whom Capital One recruit.
2003 - 2014
"In 2004 Capital One was ranked as ‘America's most admired company’ in consumer credit by Fortune and appeared 12th on Training's list of ‘Top 100 training organisations’."
New Values evolve
Tthe Sunday Times and the Financial Times include the company in their top Employers list in 2014.
In 2014 Capital One also complete its buys HFS Loans. (now Capital One Home Loans)
2006 - 7
Capital One's acquires two banking institutions in the US made Capital One one of the largest Banks in the US
Capital One celebrate our 10 year Anniversary of being in the UK.
North Fork Bank and Superior Savings of New England, both subsidiaries of North Fork Bank corporation, rebranded Capital One Bank