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Banking regulators approve $35.3 billion Capital One, Discover merger
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Banking, Financial Stability, Government Oversight, Industry Regulation, Mergers & Acquistions
Tuesday, April 22, 2025
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Federal banking regulators granted conditional approval for a $35.3 billion merger agreement through which Capital One Financial Corp. will acquire and merge with Discover Financial Services. As a condition of regulatory approval, Discover must settle any outstanding enforcement actions against the company.
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