Local Business Alert: Capital One snags HSBC credit card business

---------------------------------------- Local Business News Alert: Capital One snags HSBC credit card business August 10, 2011 5:01:57 PM ---------------------------------------- Capital One Financial announced Wednesday a $2.6 billion deal for the U.S. credit card portfolio of London-based HSBC Holdings, a move that would make the McLean firm the nation's third-largest issuer of private label, or store branded, plastic. http://link.email.washingtonpost.com/r/2GZNC0/UUOT6T/DQL1MY/Q4OVRG/3UUWH/4O/h For more information, visit PostBusiness.com and Capital Business. ---------------------------------------- Get The Washington Post app for iPad, iPhone or iPod Touch. http://itunes.com/apps/thewashingtonpost ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. Manage your e-mail subscriptions To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071