US EditionCapital One and Discover merger approved by Federal Reserve
66 Articles
66 Articles
Capital One, Discover merger receives federal approval
Federal regulators have approved Capital One Financial Corporation’s acquisition of Discover Financial Services, clearing the final regulatory hurdle of the $35 million deal. The post Capital One, Discover merger receives federal approval appeared first on Delaware Business Times.
Denver Gazette
DailyTruthReportCredit card regulators approve Capital One and Discover merger
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 approval will likely encourage more deals, which was…
Fast Company
BizTocCapital One’s $35 billion merger with Discover Financial gets regulatory approvals
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. The Federal Reserve and the Office of the Comptroller of the Currency signed off on the deal, which was first announced in February 2024. The Federal Reserve Board said it entered into a consent order with Discover and assessed a fine of $100 million for overcharging certai…
Credit card regulators approve Capital One and Discover merger - Washington Examiner
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 approval will likely encourage more deals, which was predicted due to President Donald Trump’s largely friendly nature toward business consolidation. “Our sense was that several executives were watching how the Capital One-Discover process transpired,…
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