Capital One Bank recruits Gates to head syndications

Capital One Bank has hired William Gates as head of syndications. Previously, Gates worked at The Royal Bank of Scotland where he served as a managing director.

PRESS RELEASE

New York, (December 15, 2014) – Capital One Bank announced the appointment of William Gates as Head of Syndications for Capital One. Gates is responsible for expanding the Bank’s capabilities in loan syndications. He reports to Steven Tulip, Head of Capital Markets.

“Bill brings invaluable knowledge and expertise to our overall growth plan,” said Tulip. “He is a great fit with our organization, especially as we continue to increase the breadth and depth of our relationships with commercial banking clients.”

Gates brings an extensive background in leading business growth and development initiatives to Capital One Bank, with 20 years of experience in capital markets. Prior to joining Capital One, Gates was a Managing Director for The Royal Bank of Scotland (RBS), where he was responsible for the underwriting and distribution of all loan transactions in the Americas. Gates has also served as the Managing Director in Leverage Capital Markets with UBS and worked with Merrill Lynch as a Managing Director in Leverage Loan Capital Markets. In addition, he was a founding member of Lehman’s Loan Syndicate group, supporting the launch and development of Lehman Brothers’ Loan Origination business during an eight-year period.

“I’m eager to help lead and drive strategy for Capital One Bank’s loan syndications business,” said Gates. “I look forward to advancing the Bank’s strong balance sheet position and growing relationships with corporate clients.”

Gates is a graduate of Dartmouth College and has an MBA from Columbia University. He resides in New York.

Capital One Bank’s Commercial Business leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.

About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $204.3 billion in deposits and $300.2 billion in total assets as of September 30, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has approximately 900 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.