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Capital One Bank to lay off 100-plus in Houston

November 03, 2014

Capital One Bank will lay off more than 100 people in Houston early next year when it moves responsibility for managing and processing account activity for its local branches out of state, the bank said Monday. Dan Bass, managing director of investment banking for bank advisory firm Performance Trust Capital Partners, said this type of downsizing tends to happen in back-office jobs as technology makes it easier to consolidate functions.

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