Magazine : Archives : 4th Quarter 2022

Last Word

A Conversation with Nigel Morris Nigel Morris and Richard Fairbank founded Capital One Financial Corp., which transformed the credit card business. The bank is one of the largest in the U.S. and ranked among the best in Bank Director’s RankingBanking study this year. Morris, who has since left Capital One and founded a fintech-focused investment firm called QED Investors, was interviewed as part of a profile of Capital One in an August special report on BankDirector.com. In this conversation, which has been edited for length and clarity, he recalls Capital One’s early days. How was Capital One founded? Rich Fairbank...