U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...

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

The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...

NEW YORK >>U.S. banking regulators said today they approved Capital One’s $35.3 billion purchase of Discover Financial ...

Capital One's planned $35.3 billion acquisition of a rival credit card company, Discover, was approved by two regulators, ...

On April 3, 2025, the U.S. Department of Justice (DOJ) announced it would not block Capital One’s ($COF) $35 billion acquisition of Discover ...

Capital One (NYSE:COF) has been steadily expanding its presence in the banking industry, aiming to compete more directly with the country’s ...

Merger Timeline Gets Clearer The merger still needs approval ... goes as planned, Capital One expects the deal to officially close in late 2024 or early 2025. For now, the DOJ’s green light ...

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 ...

Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 ...