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Capital One Financial Corp. of McLean, Va., has agreed to buy Hibernia Corp. of New Orleans.


Capital One Financial Corp. of McLean, Va., has agreed to buy Hibernia Corp. of New Orleans. Capital One is known for selling credit cards and other loan products through the mail. Hibernia has $22 billion in assets and 316 branches in Louisiana and Texas.

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Title Annotation:Mergers & Acquisitions
Publication:ABA Bank Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2005
Words:44
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