The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, ...

Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s biggest credit-card issuer by loan volume.

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.

Capital One's acquistion of Discover will combine two of the industry's best-known names, making it the biggest credit card company when customers’ outstanding balances are combined.

U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...

The deal joins two of the largest credit card companies that aren’t banks first, like JPMorgan and Citi, with the notable ...

Capital One received conditional approval from the Office of the Comptroller of the Currency to acquire and merge with Discover Financial Services, the agency announced Friday.

The OCC said that its approval reflects its “careful analysis of the effect of the merger on communities, the banking ...

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The regulator found that both Hayvn Cayman and AC Holding conducted unlicensed financial services related to virtual assets in ADGM from approximately October 2018 to May 2024. Image: Shutterstock The ...