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Stocks (^GSPC, ^IXIC, ^DJI) are under pressure as investor jitters grow following President Trump's renewed criticism of Fed ...
The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...
The merger of two of the biggest credit card companies is moving forward after federal regulators approved Capitol One’s $35 ...
Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 ...
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 spokesman for Capital One also declined to comment on the review process, but said in a statement that the deal “complies with the Bank Merger Act’s legal requirements, and we remain well ...
U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...
The deal, now cleared to close on May 18, will give Capital One (NYSE:COF) control of Discover’s payment network and provide long-term strategic benefits, according to analysts. “We view the deal as a ...
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.
Once the deal goes through, Capital One will become the biggest credit card company in the country and also absorbed billions in assets, along with access to Discover’s payments network that is ...
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