NEW YORK -- Capital One announced it's acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. Under the terms of ...

Capital One is acquiring Discover Financial Services in an all-stock transaction valued at $35.3 billion, the company said Monday. Capital One shareholders will own 60% of the combined company while ...

Capital One's $35.3 billion acquisition of Discover received its final approval, clearing the way for a megamerger that reshapes the credit card and payments industry. The Federal Reserve's board ...

When federal agencies review bank mergers, the competition issues typically relate to the number and location of physical branches and the extent of any overlap in the areas served. By contrast, the ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

Capital One is acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. If the deal is finalized, current Capital ...

Capital One's acquisition of Discover makes it the largest US credit card holder, accelerating net interest income and EPS growth. Immediate synergies include $2.7B in cost savings and new revenue ...

What’s in your wallet? Capital One is making a $35 billion bet that the answer will soon be: more of its credit cards. For now, not a lot. Given that the deal isn’t expected to be finalized until late ...

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Global Network, a leading global payment network, released their third annual Fintech State of the Union (FSOU), the most comprehensive study of its kind in ...

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 Reserve and ...

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Global Network®, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive ...