News

The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...
The purchase of Discover gives Capital One an opportunity to “build something really special”, Richard Fairbank, Capital ...
Capital One is a leading diversified financial services firm operating across credit cards, consumer, and commercial banking.
Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But ...
Capital One cleared the final hurdle in acquiring Discover, which would merge the two US credit card giants. Federal ...
Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18.The bank ...
With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard ...
Discover's first quarter of 2025 was headed by a total net revenue figure of $4.25 billion, which was 2% higher on a ...
Under the Capital One Discover merger, the Capital One Financial Corporation would acquire Discover Financial Services. On April 18, Capital One reported that the Board of Governors of the Federal ...
The deal has been closely watched and seen as a litmus test for how quickly the Trump administration will approve mergers in ...
The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, ...
Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 ...