The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...

Brooke Enloe is a former banking editor at Forbes Advisor. She is an editor and writer, passionate about producing enlightening content for readers. Her articles are about recent banking news ...

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit ...

On April 3, 2025, the U.S. Department of Justice (DOJ) announced it would not block Capital One’s (COF) $35 billion ...

Four associations warned that Capital One’s acquisition of Discover would reduce the bank’s motivation to offer competitive ...

The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major ...

Capital One (NYSE:COF) has been steadily expanding its presence in the banking industry, aiming to compete more directly with ...

Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of ...

Capital One’s $35 billion purchase faces two remaining federal approvals — and plenty of critics who expect consumers will face higher costs.

Michael Shepherd will remain as interim chief executive officer potentially through June, and receive a $2.4 million cash ...

Discover cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like American Express or Chase.

The new pay package for interim CEO J. Michael Shepherd includes a $2.4 million bonus if the deal closes by June 30.