Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18.

The purchase of Discover gives Capital One an opportunity to “build something really special”, Richard Fairbank, Capital ...

With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard ...

Capital One cleared the final hurdle in acquiring Discover, which would merge the two US credit card giants. Federal ...

The deal has been closely watched and seen as a litmus test for how quickly the Trump administration will approve mergers in ...

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But ...

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 ...

Shares of Capital One and Discover rose early Monday, the first trading session since federal regulators on Friday approved ...

The deal expands Capital One’s reach and gives it a card network.

Commissions do not affect our editors' opinions or evaluations. Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set ...

Capital One’s purchase of Discover figures to bring changes to the payments arena. In addition to forming a new mega-issuer, ...