On April 3, 2025, the U.S. Department of Justice (DOJ) announced it would not block Capital One’s (COF) $35 billion ...

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit ...

The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes through successfully.

Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of ...

Commissions do not affect our editors' opinions or evaluations. Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set ...

The department has completed its review and found no reason to block the merger, according to anonymous sources.

Capital One (NYSE:COF) has been steadily expanding its presence in the banking industry, aiming to compete more directly with ...

Capital One’s $35.3 billion purchase faces two remaining federal approvals — and plenty of critics who expect consumers will ...

The bank is a highly profitable financial institution, thanks to the high-interest nature of the credit card industry. In the ...

The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major ...

Four associations warned that Capital One’s acquisition of Discover would reduce the bank’s motivation to offer competitive ...

The new pay package for interim CEO J. Michael Shepherd includes a $2.4 million bonus if the deal closes by June 30.