M&A Deal Summary |
|
---|---|
Date | 2012-05-02 |
Target | HSBC US Credit Card Unit |
Sector | Financial Services |
Buyer(s) | Capital One |
Sellers(s) | HSBC Holding |
Deal Type | Divestiture |
Deal Value | 2.5B USD |
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Category | Company |
---|---|
Founded | 1988 |
Sector | Financial Services |
Employees | 56,100 |
Revenue | 36.8B USD (2023) |
Capital One Financial is a diversified financial services holding company with banking and non-banking subsidiaries. Capital One Financial Corporation and its subsidiaries offer a broad array of financial products and services to consumers, small businesses and commercial clients through branches, the internet and other distribution channels. Capital One was incorporated in 1988 and is based in McLean, Virginia.
DEAL STATS | # |
---|---|
Overall | 10 of 23 |
Sector (Financial Services) | 10 of 14 |
Type (Divestiture) | 3 of 4 |
Country (United States) | 9 of 22 |
Year (2012) | 1 of 3 |
Size (of disclosed) | 5 of 9 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-06-16 |
ING Direct USA
Wilmington, Delaware, United States ING Direct USA is a direct to consumer bank formed in 2000. |
Buy | $9.0B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-05-07 |
BankOns
San Francisco, California, United States BankOns is the developer of a rewards system that works off of a consumer’s geo-location data and purchase history. |
Buy | - |
Category | Company |
---|---|
Founded | 1865 |
Sector | Financial Services |
Employees | 214,400 |
Revenue | 63.0B USD (2023) |
HSBC is a global banking and financial services company. HSBC dates back to 1865 and is based in London, United Kingdom
DEAL STATS | # |
---|---|
Overall | 5 of 10 |
Sector (Financial Services) | 2 of 4 |
Type (Divestiture) | 4 of 9 |
Country (United States) | 2 of 4 |
Year (2012) | 1 of 5 |
Size (of disclosed) | 1 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2009-12-01 |
HSBC Actuaries and Consultants
London, United Kingdom HACL is a highly respected participant in the UK Employee Benefits market place, with both a strong business in its own right and an excellent relationship with the bank and its clients that we are confident will continue. |
Sell | £27M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-07-13 |
HSBC - 37 Retail Banking Branches
United States HSBC - 37 Retail Banking Branches, 26 branches are in its Western New York District and 11 are in its Rochester District, bringing to 100 the total number of KeyBank branches in those markets. |
Sell | $95M |