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What the Capital One-Discover Merger Means for Your Bank Account
Federal regulators approved Capital One's $35.3 billion acquisition of Discover Financial Services earlier this year despite opposition from consumer advocates and some top Democrats, who cited concerns about reduced competition, financial stability and potential harm to low-income consumers and those with poor credit scores.
Capital One completes $35 billion purchase of Discover
Capital One finalized its $35.3 billion purchase of Discover on Sunday, completing a credit card mega-merger announced more than a year ago. Nothing will immediately change for Discover customers, according to a press release issued Sunday by Capital One.
The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential ...
The $425 million would represent restitution to class-action plaintiffs who allege Capital One concealed certain details to ...
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Capital One Acquires Discover, Reshapes U.S. Credit Card IndustryCOF buys Discover, creating a behemoth in the credit card industry. The acquisition boosts its competitive edge and expands ...
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Do you have Capital One cards? Check out this mega change that could land you in troubleCapital One's recent merger with Discover brings significant changes, including potential challenges for some costumers.
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The $425 Million Capital One Settlement: Find Out Who’s Eligible for a Payout and What HappenedThe settlement is still awaiting the judge’s approval before payments can be sent out. While there has been a ton of ...
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Capital One Stock In Focus After Completing $35B Discover Financial DealCapital One Financial (COF) stock garnered retail attention after the company completed its $35 billion buyout of Discover ...
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