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Recently updated on January 13th, 2024 at 05:40 amOn July 27, 1994, Richmond, Virginia-based Signet Financial Corp (now part of Wells Fargo) announced the corporate spin-off of its credit card division, OakStone Financial, naming Richard Fairbank as CEO. Signet renamed the subsidiary Capital One in October 1994.The spinoff was concluded February 28, 1995, making Capital […]