Thank you for sharing!

Your article was successfully shared with the contacts you provided.

While today’s treasurers are expected to make a concrete contribution to shareholder value, taking on a raft of strategic roles, it’s still rare to see a treasury team take center stage in a $15 billion acquisition–the way Capital One’s team did when the financial services company bought North Fork Bank last year. The deal was a key part of the company’s strategy to add branch banking to its existing portfolio of consumer financial services, says Capital One CFO Gary Perlin: “By acquiring North Fork Bank in 2006, we not only added a leading institution in one of the most attractive deposit markets in the U.S., we also achieved the balance in funding and business mix we had been targeting.”

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.