Two of the largest credit card companies are planning to merge, and it could have big implications for your wallet. Under the Capital One Discover merger, the Capital One Financial Corporation would ...

The Capital One-Discover merger, announced in early 2024, has been approved by the Federal Reserve Board. Although some are concerned that the merger could increase costs for consumers, others argue ...

The Federal Reserve was only authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act to set a cap that covers issuers’ incremental costs, with lawmakers specifying that “other ...

More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a ...

On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country while Capital ...