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Senate Banking Committee ranking member Elizabeth Warren is pushing the Department of Justice to use its power to halt the deal, already approved by bank regulators.
Capital One’s $35 billion acquisition of Discover Financial just got the greenlight from federal regulators, and it’s more than just a win for Wall Street. For everyday consumers, this deal could ...
Despite the regulatory issues, Discover’s financial performance has improved since the Capital One takeover was announced.
The deal still needs to receive regulatory approval, so it will likely be a while before Capital One and Discover customers see any changes to their accounts. While it’s too soon to say what ...
A marriage of two of the country’s biggest credit-card issuers is moving forward. Capital One’s $35 billion acquisition of Discover got the greenlight from bank regulators on Friday, who noted ...
The deal has been closely watched and seen as a litmus test for how quickly the Trump administration will approve mergers in ...
Warren Claims Merger Would Raise Prices and Fees on Consumers and Small Businesses Read letter here Washington, DC – Ahead of ...
A similar resolution pending in the House would reverse a rule toughening the approval process – just as opponents of the ...
U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...
The top Democrats on congressional banking committees say the deal would inflict “serious harm” on consumers and the banking ...
The pending merger between Capital One and Discover Financial Services received ... of the Comptroller of the Currency signed off on the deal, which was first announced in February 2024.
Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s biggest credit-card issuer by loan volume. The Federal ...