Capital One Deal Approved By Regulators for $26B Discovery

Capital One Financial Corp. has received approval from US regulators to purchase Discover Financial Services in a deal valued at $26 billion. The Federal Reserve and Office of the Comptroller of the Currency have given their nod, citing the financial resources of both companies, community needs, and competitive stability impacts as key factors.

Source: https://www.bloomberg.com/news/articles/2025-04-18/capital-one-deal-for-discover-wins-approval-from-us-regulators