Berkshire Global Advisors client Capital One sells bank-managed high net worth individual and institutional investment management and trust business to Hancock Whitney
Headquartered in McLean, Virginia, Capital One Financial Corporation offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. 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.
Hancock Holding Company (“Hancock Whitney”) is a financial services company with regional business headquarters and locations across the Gulf South. The company’s banking subsidiary provides comprehensive financial products and services through Hancock Bank locations in Mississippi, Alabama, and Florida and Whitney Bank locations in Louisiana and Texas, including traditional, online, and mobile banking; commercial and small business banking; private banking; trust and investment services; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.
Hancock Whitney, has entered into a definitive agreement to acquire the bank-managed high net worth individual and institutional investment management and trust business from Capital One, National Association, a banking subsidiary of Capital One Financial Corporation.