Capital One Adjusts Taxi Underwriting as Rideshares Disrupt the Market

  • Natalie Mattila
  • July 27, 2017
Capital One Financial Corp. is making changes to its commercial taxi medallion lending portfolio by restructuring loans to protect its collateral as rideshares disrupt the industry, Chief Financial Officer Scott Blackley said on the company’s second quarter earnings call last week. “We’re working aggressively with our borrowers to restructure loans where possible; we’re taking steps […]