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Capital One Has Officially Purchased Discover. What the $35 Billion Acquisition Means for Your Credit Cards
“This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences to consumers, businesses, and merchants,” said Richard D. Fairbank, Founder and CEO of Capital One, in a statement provided to CNET.
The settlement covers nationwide litigation brought by depositors who said they missed out on higher earnings due to the bank ...
Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no ...
Capital One reported adjusted earnings per share of $4.06, well ahead of analyst estimates. However, revenue of $10 billion came up slightly short of estimates. Meanwhile, credit metrics held up well, ...
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Capital One agreed to a $425 million settlement with former and existing customers. Here’s what you need to know.
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