Founder and CEO Richard Fairbank turned a small credit-card lender into a fintech powerhouse. Now he’s taking on Visa, ...

The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.

Capital One announced its intentions to acquire Discover in February 2024, stockholders of both companies voting in favor of the $35 billion deal a year later and federal regulators approving it ...

[NEW YORK] US banking regulators said on Friday (Apr 18) they approved Capital One’s US$35.3 billion purchase of Discover Financial Services, paving the way for the combined firms to become the nation ...

Capital One’s $35 billion acquisition of Discover Financial just got the greenlight from federal regulators, and it’s more than just a win for Wall Street. For everyday consumers, this deal ...

shares of Capital One and Discover rose, as well as shares of other companies that were attempting to merge — or which had previously called off deals altogether.

anticompetitive Capital One-Discover merger.” The Department of Justice can also sue to block deals after bank regulators approve them. However, the New York Times reported this month that the ...

April 18 (UPI) --Capital ... of our regulators as they thoroughly reviewed this deal over the past 14 months. "I am grateful to the thousands of associates across Capital One and Discover who ...

Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s biggest credit-card issuer by loan volume. The Federal ...

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.

NEW YORK (Reuters) -U.S. banking regulators ... approving a deal set to create the biggest U.S. credit card issuer by balances, and give Capital One control of Discover's extensive card payment ...