Federal regulators approved Capital One's $35.3 billion acquisition of Discover Financial Services earlier this year despite ...

The recent merger between Capital One and Discover Financial, valued at $35.3 billion, marks a significant shift in the U.S.

Despite the deal closing last week, don't expect any changes to hit your cards right away. Capital One said while it plans to strengthen the Discover network, Capital One cards wi ...

Discover has said accounts aren't linked to the new corporate owner, so Capital One branches and customer service can't help with Discover products.

But Matthew Cooper, who has been GC since 2018 and is leading the integration effort, has to stick around three more years to ...

In short, unlike Capital One, Discover doesn't use Visa or Mastercard to make transactions possible. Unlike other issuers, Discover does offer a rewards debit card. Capital One intends to run its ...

Capital One acquired Discover in an all-stock transaction valued at $35.5 billion.

Capital One’s acquisition of Discover signals a new era in consumer finance, potentially reshaping competition and innovation across the credit card and payments landscape. Under the terms of ...

Through Friday, Capital One’s COF stock had returned 10.9% for 2025, while Discover shares had returned 16% as investors ...

Capital One Financial Corp. approved one-time compensation awards in the form of restricted stock units to the firm’s CEO and ...

The deal was initiated in February 2024, when Capital One announced its plans to acquire Discover. Despite the deal closing last week, don't expect any changes to hit your cards right away.

However, because Discover serves as both a card issuer and a card network, it is exempt from those caps. One of Capital One’s first moves following the merger will likely be to shift its debit ...