Capital One Financial Corporation

Capital One and Discover Can Merge, Regulators Say

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.

By Danielle Kaye

Banking and Financial Institutions Capital One Financial Corporation Credit Cards Discover Financial Services Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry

Capital One Deal for Discover Clears Justice Dept. Hurdle

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.

By Lauren Hirsch and Danielle Kaye

Capital One Financial Corporation Compensation for Damages (Law) Conflicts of Interest Florida Regulation and Deregulation of Industry Storming of the US Capitol (Jan, 2021) Suits and Litigation (Civil) Trump Organization Trump, Donald J United States Politics and Government

Trump Organization Sues Capital One for Closing Its Accounts

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

By Ben Protess

Banking and Financial Institutions Berkshire Hathaway Inc Capital One Financial Corporation Consumer Financial Protection Bureau Customer Relations Frauds and Swindling McKernan, Jonathan P Pennsylvania Higher Education Assistance Agency Rocket Homes Real Estate Suits and Litigation (Civil) United States Politics and Government Vanderbilt Mortgage and Finance Vought, Russell T

CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers

The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.

By Stacy Cowley