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

Capital One Financial Corp got a greenlight from the Justice Department for its proposed acquisition of Discover Financial ...

The Dept. of Justice has determined that the Capital One's (COF) $35 billion planned purchase of Discover Financials (DFS) ...

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.

The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major ...

The deal still needs to receive regulatory approval, so it will likely be a while before Capital One and Discover customers see any changes to their accounts. While it’s too soon to say what ...

Merger arbitrageurs overplayed their Trump card. Hedge funds that bet on pending deals rapidly narrowed the gap between ...

The new pay package for interim CEO J. Michael Shepherd includes a $2.4 million bonus if the deal closes by June 30.

Capital One announced a $35.3 billion deal to acquire Discover Financial in February 2024. While the acquisition is approved ...

Shares of Capital One (NYSE:COF) and Discover (NYSE:DFS) dropped on Monday and the deal spread widened on a report that the staff of the DOJ has come to the conclusion that the planned purchase of ...

The Capital One-Discover merger saga, which has been underway for a year, is entering a key stretch, with the deadline to close the deal looming in May. While the two banks and most industry experts ...

A delayed DFS deal closing ... driven by Discover integration, capital returns, and efficiency gains. The firm forecasts Capital One’s net interest margin reaching 8.0% by late 2025, with ...