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McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, ...
The merger brings together two of the country's top credit card issuers, giving Capital One control of Discover's global payments network of 70 million merchant locations in more than 200 countries.
Topline. A $35 billion merger between Capital One and Discover that would make Capital One the nation’s largest credit card issuer cleared a major regulatory hurdle this week, according to ...
A website notification says Discover Home Loans “is no longer accepting applications for new home equity or mortgage refinance loans, although we will continue to process applications that are in ...
Capital One has finally received all of the necessary regulatory approvals for its acquisition of Discover, 14 months after first announcing the $35.3 billion deal.Once the deal officially closes ...
The Discover-Capital One Merger: Three Things for Consumers to Consider . Here are some parts of the merger discussion with tangible implications for consumers. Credit Card Costs.
A prime test for the administration is Capital One's proposed $35.3 billion merger with Discover. Because it is between two banks, the merger is being reviewed by the Federal Reserve and Office of the ...
Capital One and Discover are among the largest credit card issuers in the U.S., and the merger will expand Capital One's deposit base and its credit card offerings.
On Friday afternoon, Capital One's stock price was at $198.67, up 0.58% since the opening of trading at 9 a.m. Discover's stock price was at $202.13 Friday afternoon, up 0.74% since opening.
Capital One's strong credit card business and improving asset quality support a positive near-term outlook and warrant a buy rating. The Discover Financial merger brings significant synergy ...
Capital One Financial's application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller ...