Company Overview

As of November 16, 2005, Hibernia Corp. was acquired by Capital One Financial Corp. Hibernia Corporation provides a range of financial products and services in Louisiana and Texas. Its products and services include retail, small business, commercial, international, mortgage, and private banking; leasing; investment banking; corporate finance; treasury management; merchant processing; property and casualty, life, and health insurance; trust and investment management; and retail brokerage. It also offers access to alternative investments, including stocks, bonds, mutual funds, and annuities. In addition, the company provides financial risk management products and advisory services to customers...

As of November 16, 2005, Hibernia Corp. was acquired by Capital One Financial Corp. Hibernia Corporation provides a range of financial products and services in Louisiana and Texas. Its products and services include retail, small business, commercial, international, mortgage, and private banking; leasing; investment banking; corporate finance; treasury management; merchant processing; property and casualty, life, and health insurance; trust and investment management; and retail brokerage. It also offers access to alternative investments, including stocks, bonds, mutual funds, and annuities. In addition, the company provides financial risk management products and advisory services to customers. It offers repurchase agreements, bankers acceptances, Eurodollar deposits, safekeeping of securities, U.S. government and government agency obligations, tax-free municipal obligations, reverse repurchase agreements, letters of credit, and collection and foreign exchange transactions. Further, the company provides insurance brokerage and investment banking services. It operated in 314 locations in 34 Louisiana parishes and 34 Texas counties; and 2 mortgage loan production and retail brokerage services offices in southern Mississippi, as of December 31, 2004. Hibernia Corporation was founded in 1870 and is headquartered in New Orleans, Louisiana.

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