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    Capital One: One of the "Last Remaining Cheap Banks"

    Published: March 13, 2014

    COF was traditionally funded by credit card securitizations, which was a volatile source of funding, but the company reduced its dependency on such funds by becoming a full fledged bank. COF acquired a series of regional banks starting in 2004, and currently securitized debt is only 1/10 the amou...

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