Capital One’s merger with Discover Financial Services in a $35 billion deal was approved by the Federal Reserve’s Board of Governors and the Office of the Comptroller of the Currency. The merger’s ...
Discover Financial Services (NYSE:DFS) credit card delinquency rate improved in April 2025, while its net charge-off rate increased, according to data the company disclosed in a filing on Wednesday.
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, ...
Capital One's acquisition of Discover creates a powerful card issuer and payment processor, positioning the company for strong future shareholder returns. Despite one-time acquisition impacts, ...
Capital One Travel isn't seen as a luxury player like Amex and Chase, but adding Discover's cardholders significantly boosts ...
UPDATE: This story includes information from the regulators' enforcement actions and merger approval orders, as well as reaction from outside observers and more background about the arguments both for ...