Capital One Bank’s European arm has launched a Corporate University offering a range of courses, online training and learning events to its 2,500 UK workforce and 18,000 globally based staff.

The University is based on the success of its US operation where library resource usage grew by 102% in 2004 and 82% of employees found the programme beneficial.

According to the financial services firm a wide variety of courses are available together with training to ensure the company’s compliance with regulation such as the Consumer Credit Act.

Siobhan Sheridan, Head of Capital One University, commented: “The University demonstrates our commitment to our employees’ continuous learning and development and we have been pleased by its reception in America. In the UK, we expect it will enable Capital One to develop the broad organisational skills necessary for continued business success.”