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Discover Financial Services. Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.
Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal.. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each ...
Last month's announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news in the banking industry because it represents the biggest-ever deal in the ...
Capital One is acquiring Discover Financial Services in an all-stock transaction valued at $35.3 billion, the company said Monday.. Capital One shareholders will own 60% of the combined company ...
Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. [2] It is the 12th largest bank in the United States by total assets as of 2022, the third largest issuer of Visa and ...
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 ...
In February 2006, Discover Financial Services announced that it would begin offering Discover debit cards to other financial institutions, made possible by the acquisition of Pulse. [2] Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48% ...
NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as ...