The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...
Key Takeaways Capital One Financial 's proposed $35 billion acquisition of Discover Financial Services won't be challenged on ...
Capital One (COF) and Discover Financial Services (DFS) drew retail chatter on Thursday after the Department of Justice ...
The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial ...
Capital One's (NYSE:COF) planned $35 billion purchase ... to find a compromise which could include selling part of the Discover card portfolio but retaining the network, which is the crown jewel ...
The Office of the Comptroller of the Currency (OCC) and the Federal Reserve will review the merger with input ... and would also give Capital One control of Discover's card payment network ...
Capital One said in an emailed statement that its deal with Discover "complies with the Bank Merger Act's legal requirements and we remain well-positioned to gain approval." A subprime credit card ...
Notably, BTIG analyst Vincent Caintic said that he is bullish on COF stock regardless of the outcome of its potential merger ...