About HSBC Card and Retail Services: Card and Retail Services is the seventh largest provider of MasterCard and Visa credit cards in the United States. In addition, Card ...

As per the regulatory filing on Tuesday, Capital One has wrapped up the HSBC's U.S. credit card business deal. As per the terms of the agreement, Capital One paid $31.3 billion in cash to HSBC.

Capital One had agreed in June to buy ING Group NV's U.S. online banking unit for $9 billion. Press reports had said Capital One also was pursuing the HSBC credit card business, which was known to ...