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Capital One COF announced that its preliminary Stress Capital Buffer (SCB) has been set at 4.5% by the Federal Reserve. This ...
Capital One's acquisition of Discover could change the credit card landscape. Explore potential impacts on rewards, fees, and ...
Capital One completes $35 billion takeover of Discover, gaining its card network and new revenue opportunities. For consumers ...
Representatives of Capital One and Discover didn't respond to a request for comment. On Monday, both banks said that "customer accounts and banking relationships remain unchanged" at this time.
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its ...
Capital One finalizes $35.3B Discover deal, expanding credit card reach after federal OK and lawsuit settlements.
On Sunday, Capital One acquired Discover Financial, becoming the sixth-largest US bank by assets. Online-focused Discover stands to gain a big physical footprint from the deal. A pair of top ...
Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18. The bank posted a profit of $1.40 billion, compared with $1.28 billion a year ...
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.
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2025 of $1.4 billion, or $3.45 per diluted common share, compared ...
It would also give Capital One a new source of revenue from the merchant fees it collects. For existing Discover customers, the move could increase merchant acceptance rates.
So, your Capital One credit cards may one day run on the Discover network, but it likely won't happen anytime soon. If this happens, your card's acceptance rates, perks and rewards may change.