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Despite the deal closing last week, don't expect any changes to hit your cards right away. Capital One said while it plans to ...
Federal regulators approved Capital One's $35.3 billion acquisition of Discover Financial Services earlier this year despite ...
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.
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 ...
But there’s also potential upside: Discover’s credit card network and products will remain in circulation, and Capital One says it will continue offering Discover-branded cards. In short ...
Capital One Financial Corp. approved one-time compensation awards in the form of restricted stock units to the firm’s CEO and ...
Capital One acquired Discover in an all-stock transaction valued at $35.5 billion.
Capital One closed its purchase of Discover in May, and this will eventually lead to some changes for card holders. In the near-term, Capital One card holders will still use Visa or Mastercard as ...
Through Friday, Capital One’s COF stock had returned 10.9% for 2025, while Discover shares had returned 16% as investors ...
Richard Fairbank will receive the restricted stock units in recognition of his work related to the integration of Discover ...
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.
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