Capital One 2013 Annual Report Download - page 22

(“Freddie Mac”) and Federal Housing Authority (“FHA”) multifamily commercial real estate loans. The
acquisition expands and enhances our existing multifamily capabilities and product offerings. At closing, we
acquired a mortgage servicing portfolio on approximately $10 billion of loans.
Dispositions in 2013
On September 6, 2013, we completed the sale of the Best Buy private label and co-branded credit card portfolio
to Citibank, N.A (“Portfolio Sale”). Pursuant to the agreement with Citibank, N.A.(“Citibank”), we received
$6.4 billion for the net portfolio assets.
Acquisitions in 2012
ING Direct
On February 17, 2012, we completed the acquisition (the “ING Direct acquisition”) of substantially all of the
ING Direct business in the United States (“ING Direct”) from ING Groep N.V., ING Bank N.V., ING Direct
N.V. and ING Direct Bancorp (collectively the “ING Direct Sellers”). The ING Direct acquisition resulted in the
addition of loans of $40.4 billion, other assets of $53.9 billion and deposits of $84.4 billion as of the acquisition
date.
HSBC—U.S. Credit Card Business
On May 1, 2012, pursuant to the agreement with HSBC Finance Corporation, HSBC USA Inc. and HSBC
Technology and Services (USA) Inc. (collectively, “HSBC”), we closed the acquisition of substantially all of the
assets and assumed liabilities of HSBC’s credit card and private-label Credit Card business in the United States
(other than the HSBC Bank USA, National Association consumer credit card program and certain other retained
assets and liabilities) (the “2012 U.S. card acquisition). The 2012 U.S. card acquisition included (i) the
acquisition of HSBC’s U.S. credit card portfolio, (ii) its on-going private label and co-branded partnerships, and
(iii) other assets, including infrastructure and capabilities. At closing, we acquired approximately 27 million new
active accounts, approximately $27.8 billion in outstanding credit card receivables designated as held for
investment (“HFI”) and approximately $327 million in other net assets.
Additional Information
Our common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “COF” and is included
in the Standard & Poor’s (“S&P”) 100 Index. As of January 31, 2014, there were 13,280 holders of record of our
common stock. Our principal executive office is located at 1680 Capital One Drive, McLean, Virginia 22102
(telephone number [phone]. We maintain a website at www.capitalone.com. Documents available on our
website include: (i) our Code of Business Conduct and Ethics for the Corporation; (ii) our Corporate Governance
Principles; and (iii) charters for the Audit, Risk, Compensation, and Governance and Nominating Committees of
the Board of Directors. These documents also are available in print to any shareholder who requests a copy.
In addition, we make available free of charge through our website our Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports as soon as reasonably
practicable after electronically filing or furnishing such material to the U.S. Securities and Exchange
Commission (“SEC”).
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