Best CEOs: Richard Fairbank -- Barron's

Dow Jones

2025/06/24

(Editor's Note: This article should have published on June 20, 2025, but was delayed due to a technical issue)

By Andrew Bary

Capital One Financial

Capital One Financial is the only Top 10 U.S. bank led by a founder CEO. A relatively small credit-card bank three decades ago that catered partly to subprime borrowers, it is now one of the country's three largest credit-card and auto lenders. A recent $35 billion deal to buy Discover Financial will give it a payments network to take on giants Visa, Mastercard, and American Express.

Richard Fairbank, 74, was an early believer in technology. Capital One built the first national digital bank and uses technology, including artificial intelligence, to price loans. It is adept at credit-card mailings, and will slice potential customers into dozens of different buckets.

"Capital One is a fintech company disguised as a bank, and no one on Wall Street or in the tech sector gets it," says Chris Davis, chairman and portfolio manager at Davis Advisors, which counts the stock as a top holding.

Davis thinks the Discover deal will be a "home run."

Fairbank earned $33.5 million in 2024 and received a $30 million bonus to mark the closing of the Discover deal. He owns 1% of the stock. He is a minority shareholder in the company that owns the Washington Capitals NHL hockey team and Washington Wizards of the NBA.

(END) Dow Jones Newswires

June 23, 2025 21:32 ET (01:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2545422603"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2545422603\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2545422603?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-24 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2545422603","market":"nz","top_or_hot":-1,"title":"Best CEOs: Richard Fairbank -- Barron's","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  (Editor's Note: This article should have published on June 20, 2025, but was delayed due to a technical issue) \n</p>\n<pre>\nBy Andrew Bary \n</pre>\n<p>\n  Capital One Financial \n</p>\n<pre>\n \n</pre>\n<p>\n  Capital One Financial is the only Top 10 U.S. bank led by a founder CEO. A relatively small credit-card bank three decades ago that catered partly to subprime borrowers, it is now one of the country's three largest credit-card and auto lenders. A recent $35 billion deal to buy Discover Financial will give it a payments network to take on giants <a href=\"https://laohu8.com/S/V\">Visa</a>, Mastercard, and American Express. \n</p>\n<p>\n  Richard Fairbank, 74, was an early believer in technology. Capital One built the first national digital bank and uses technology, including artificial intelligence, to price loans. It is adept at credit-card mailings, and will slice potential customers into dozens of different buckets. \n</p>\n<p>\n  \"Capital One is a fintech company disguised as a bank, and no one on Wall Street or in the tech sector gets it,\" says Chris Davis, chairman and portfolio manager at Davis Advisors, which counts the stock as a top holding. \n</p>\n<p>\n  Davis thinks the Discover deal will be a \"home run.\" \n</p>\n<p>\n  Fairbank earned $33.5 million in 2024 and received a $30 million bonus to mark the closing of the Discover deal. He owns 1% of the stock. He is a minority shareholder in the company that owns the Washington Capitals NHL hockey team and Washington Wizards of the NBA. \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 23, 2025 21:32 ET (01:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best CEOs: Richard Fairbank -- Barron's</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest CEOs: Richard Fairbank -- Barron's\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-06-24 09:32</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  (Editor's Note: This article should have published on June 20, 2025, but was delayed due to a technical issue) \n</p>\n<pre>\nBy Andrew Bary \n</pre>\n<p>\n  Capital One Financial \n</p>\n<pre>\n \n</pre>\n<p>\n  Capital One Financial is the only Top 10 U.S. bank led by a founder CEO. A relatively small credit-card bank three decades ago that catered partly to subprime borrowers, it is now one of the country's three largest credit-card and auto lenders. A recent $35 billion deal to buy Discover Financial will give it a payments network to take on giants <a href=\"https://laohu8.com/S/V\">Visa</a>, Mastercard, and American Express. \n</p>\n<p>\n  Richard Fairbank, 74, was an early believer in technology. Capital One built the first national digital bank and uses technology, including artificial intelligence, to price loans. It is adept at credit-card mailings, and will slice potential customers into dozens of different buckets. \n</p>\n<p>\n  \"Capital One is a fintech company disguised as a bank, and no one on Wall Street or in the tech sector gets it,\" says Chris Davis, chairman and portfolio manager at Davis Advisors, which counts the stock as a top holding. \n</p>\n<p>\n  Davis thinks the Discover deal will be a \"home run.\" \n</p>\n<p>\n  Fairbank earned $33.5 million in 2024 and received a $30 million bonus to mark the closing of the Discover deal. He owns 1% of the stock. He is a minority shareholder in the company that owns the Washington Capitals NHL hockey team and Washington Wizards of the NBA. \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 23, 2025 21:32 ET (01:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COF","symbol_name":"第一資本","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2545422603","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545422603","pubTimestamp":1750728720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Capital One Financial is the only Top 10 U.S. bank led by a founder CEO. A relatively small credit-card bank three decades ago that catered partly to subprime borrowers, it is now one of the country's three largest credit-card and auto lenders. A recent $35 billion deal to buy Discover Financial will give it a payments network to take on giants Visa, Mastercard, and American Express.Richard Fairbank, 74, was an early believer in technology. Capital One built the first national digital bank and uses technology, including artificial intelligence, to price loans. It is adept at credit-card mailings, and will slice potential customers into dozens of different buckets.\"Capital One is a fintech company disguised as a bank, and no one on Wall Street or in the tech sector gets it,\" says Chris Davis, chairman and portfolio manager at Davis Advisors, which counts the stock as a top holding.Davis thinks the Discover deal will be a \"home run.\"","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COF":"第一资本","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0106831901.USD":"贝莱德世界金融基金A2","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4585":"ETF&股票定投概念","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4516":"特朗普概念","LU1861217088.USD":"贝莱德金融科技A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4559":"巴菲特持仓","BK4588":"碎股","BK4166":"消费信贷","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC"},"translate_title":"最佳首席执行官：理查德·费尔班克——《巴伦周刊》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COF":0.9},"content_text":"(Editor's Note: This article should have published on June 20, 2025, but was delayed due to a technical issue) \n\n\nBy Andrew Bary \n\n\n  Capital One Financial \n\n\n \n\n\n  Capital One Financial is the only Top 10 U.S. bank led by a founder CEO. A relatively small credit-card bank three decades ago that catered partly to subprime borrowers, it is now one of the country's three largest credit-card and auto lenders. A recent $35 billion deal to buy Discover Financial will give it a payments network to take on giants Visa, Mastercard, and American Express. \n\n\n  Richard Fairbank, 74, was an early believer in technology. Capital One built the first national digital bank and uses technology, including artificial intelligence, to price loans. It is adept at credit-card mailings, and will slice potential customers into dozens of different buckets. \n\n\n  \"Capital One is a fintech company disguised as a bank, and no one on Wall Street or in the tech sector gets it,\" says Chris Davis, chairman and portfolio manager at Davis Advisors, which counts the stock as a top holding. \n\n\n  Davis thinks the Discover deal will be a \"home run.\" \n\n\n  Fairbank earned $33.5 million in 2024 and received a $30 million bonus to mark the closing of the Discover deal. He owns 1% of the stock. He is a minority shareholder in the company that owns the Washington Capitals NHL hockey team and Washington Wizards of the NBA. \n\n\n  (END) Dow Jones Newswires\n\n\n  June 23, 2025 21:32 ET (01:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}