The purchase of Discover gives Capital One an opportunity to “build something really special”, Richard Fairbank, Capital ...

Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18.

Capital One cleared the final hurdle in acquiring Discover, which would merge the two US credit card giants. Federal ...

With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard ...

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But ...

Discover's first quarter of 2025 was headed by a total net revenue figure of $4.25 billion, which was 2% higher on a ...

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

Commissions do not affect our editors' opinions or evaluations. Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set ...

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

The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, ...

Capital One reported adjusted earnings per share of $4.06, well ahead of analyst estimates. However, revenue of $10 billion came up slightly short of estimates. Meanwhile, credit metrics held up well, ...

While a low unemployment rate of 4.2% and a 3.8% annual wage growth in March offered some relief, executives of large banks ...