Capital One's Discover acquisition boosts its card and payment business, ensuring stability, growth, and shareholder returns.

Integration costs will surpass the original $2.8 billion estimate, CEO Richard Fairbank said Tuesday. Capital One reported a ...

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 ...

Local officials are still waiting for clarity on how the community investment proposal, part of the card issuer’s effort to ...

As mentioned, Capital One plans to transition its debit cards to the Discover network after the merger. It also plans on moving some of its “credit portfolios” to Discover’s network ...

Capital One announced plans to acquire Discover in an all-stock transaction valued at $35.3 billion in February 2024. It will also indirectly acquire Discover Bank through the transaction.

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.

The $35 billion Capital One–Discover merger is shaking up banking. Learn 3 key ways it could affect your credit cards, fees and financial future.

But the Trump administration has largely been seen as being much more merger friendly. Immediately after President Donald Trump’s November victory last year, shares of Capital One and Discover ...

NEW YORK -- The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion.

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.