Discover Financial Services

Banks raise costs in response to CFPB rule

A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York…

LCID, DFS, PPG and more

Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services…

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…

Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’

JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion…

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with…

Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall…