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  1. Feb 20, 2024 · In the call, Capital One indicated it expects the deal to be complete by the end of 2024 or early 2025 — that is, if federal regulators allow it. The acquisition is expected to face close scrutiny...

  2. Mar 8, 2024 · Last month’s announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news in the banking industry because it represents the biggest-ever deal in...

  3. Feb 20, 2024 · Charlie Wells reports. Source: Bloomberg. Will I Get a New Credit Card? That’s not entirely clear at the moment. The deal should allow Capital One to rely on its own network for at least some of its credit cards, having historically relied on Visa and Mastercard for that service.

  4. Feb 20, 2024 · Capital One announced Monday evening its plans to acquire Discover Financial Services in a stock-only transaction valued at $35.3 billion. Bank mergers aren’t completed overnight, and this...

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  6. Feb 21, 2024 · Capital One’s $35.3 billion deal to buy Discover is a long way from being completed. But consumer advocates and some lawmakers are already raising questions about how the proposed merger could...

  7. Feb 21, 2024 · By. Angel Au-Yeung. Feb. 20, 2024 9:00 pm ET. Share. Resize. Listen. (1 min) Buying Discover would allow Capital One to process credit-card transactions on a payment network that isn’t ...

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