Local officials are still waiting for clarity on how the community investment proposal, part of the card issuer’s effort to ...

In mid-May of 2025, Capital One Financial Corporation (NYSE: COF) finalized its massive $35.3 billion acquisition of Discover ...

Capital One Financial Corp. said second-quarter profit beat estimates as the bank completed its long-awaited acquisition of ...

Capital One COF delivered better-than-expected second-quarter results, with the acquisition of Discover Financial Services ...

The credit card giant must reckon with the high costs of integration before it can start reaping the benefits from its ...

Unpacking the Washington Math for a Big Payment Deal Regulators have been tough on big financial mergers, though there are nuances in Capital One’s $35.3 billion takeover bid for Discover.

A Discover card is used to pay for gasoline at a Sam’s Club in Madison, Miss., July 1, 2021. Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would ...

Discover Financial Services posted a 62% drop in fourth-quarter profit as the company continued to grapple with the fallout from compliance and risk-management lapses that led to the resignation ...

Discover Financial Services is exploring the potential sale of its student-loan business as the company seeks to clean up operations in the aftermath of a series of regulatory lapses, according to ...

Discover Financial Services's cash return on invested capital (CROIC) for fiscal years ending December 2019 to 2023 averaged 18.4%. Its TTM CROIC of 21.4% ranks in the 88.8% percentile for the sector.

Shares of Riverwoods-based Discover Financial Services fell nearly 10% Tuesday after the company announced the sudden resignation of CEO Roger Hochschild amid compliance issues. Hochschild, 58, a l… ...

For more than two years, Discover Financial Services — one of those Fortune 500 companies — has explored how it can use genAI to improve quality and create efficiencies. But in a heavily ...