Capital One and Discover Can Merge, Regulators Say

Capital One and Discover Can Merge, Regulators Say

The New York Times - Business:

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.

Danielle Kaye
Author: Danielle Kaye

This post first appeared in The New York Times - Business. Read the original article.