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Capital One Boosts Provision for Bad Loans, Misses Estimates

Capital One Financial Corp., the biggest US credit-card lender, reported a first-quarter profit that missed Wall Street estimates and set aside more cash to cover soured loans.

This article was originally published by Bloomberg Markets and is republished here under license.

Capital One Financial Corp., the biggest US credit-card lender, reported a first-quarter profit that missed Wall Street estimates and set aside more cash to cover soured loans.

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