BUSINESSApr 21 · 20:34 UTCBLOOMBERGPaige Smith

Capital One Boosts Provision for Bad Loans, Misses Estimates

Capital One increased provisions for bad loans and missed financial estimates. The company faces regulatory fines and lawsuits exceeding $200 million due to a July 2023 data breach, according to Bloomberg Intelligence.

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Capital One Financial CorporganizationBloomberg Intelligenceorganizationdata breachtopicregulatory finestopiclawsuitstopic$200 milliontopic

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