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The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover.
By Simon J. Levien Capital One agreed to pay a $425 million settlement after it faced nationwide litigation accusing it of cheating savings depositors out of higher interest rates by failing to ...
On Sunday, Capital One acquired Discover Financial, becoming the sixth-largest US bank by assets. Online-focused Discover stands to gain a big physical footprint from the deal. A pair of top ...
Capital One Financial's planned $35 billion purchase of Discover Financial Services has crossed the finish line, closing out a 15-month marathon of regulatory scrutiny, antitrust worries and ...
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship “high interest” savings accounts out of millions of ...
Capital One finalized its $35.3 billion purchase of Discover on Sunday, completing a credit card mega-merger announced more than a year ago. Nothing will immediately change for Discover customers ...
Capital One says customers shouldn't expect any immediate changes to accounts following its merger with Discover. In the coming months, Capital One account holders may get cashback debit cards and ...
(Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they ...
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