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Capital One's Discover acquisition boosts scale but adds credit risk. Learn about earnings, stable outlook, and future ...
Key Points Capital One has just completed the acquisition of Discover.The company is now a much larger entity with a more diversified business.Capital One is still exposed to more credit risk than ...
Capital One Financial (NYSE:COF) delivered stronger-than-expected adjusted earnings for the second quarter, despite reporting ...
Capital One’s acquisition of Discover signals a new era in consumer finance, potentially reshaping competition and innovation across the credit card and payments landscape. Details on Capital ...
McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, ...
The acquisition of Discover added some $160 billion to Capital One’s asset under management, vaulting it to the sixth largest ...
As mentioned, Capital One plans to transition its debit cards to the Discover network after the merger. It also plans on moving some of its “credit portfolios” to Discover’s network ...
Capital One announced it's acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. 24/7 Live Houston Southwest ...
Capital One Financial Corp (COF) reports a significant revenue increase and strategic integration of Discover, despite a net ...
May 18 (UPI) --Capital One Financial services has completed its acquisition of former credit card rival Discover Financial Service, the companies announced on Sunday. Capital One announced its ...
One of Capital One’s first moves following the merger will likely be to shift its debit cards to Discover’s payment network, which would lift the caps on its swipe fees and generate extra ...
The new board members are Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong. Capital One also intends to continue offering Discover-branded credit cards, in addition to Capital One cards. On ...