Capital One-Discover Application and related materials
Capital One's Response to the Federal Reserve's Third Request for Information (June 14, 2024) (PDF) Additional Information Request Related to the Application by Capital One Financial Corporation to Acquire Discover Financial Services (July 5, 2024) (PDF)
Capital One-Discover Deal Hits Roadblock in Bank Merger Overhaul
The OCC and the Federal Reserve are the two federal banking regulators charged with reviewing the Capital One-Discover tie-up. The OCC is charged with approving the deal at the bank level while the Fed must approve the action by the two holding companies.
Agencies Announce Public Meeting on Proposed Acquisition by Capital One …
May 14, 2024 · The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Capital One Financial Corporation, of McLean, Virginia, to acquire Discover Financial Services, of Riverwoods, Illinois.
The Fed 101: What is the Federal Reserve? - Capital One
Sep 4, 2024 · Unsure what exactly the Federal Reserve is and what it does? Learn more about the purpose of the Federal Reserve and how it affects your daily life.
Federal Reserve Board - Agencies announce public meeting on …
May 14, 2024 · The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Capital One Financial Corporation, of McLean, Virginia, to acquire Discover Financial Services, of Riverwoods, Illinois.
FEDERAL RESERVE SYSTEM . Public Meeting: Proposal by Capital One Financial Corporation to acquire Discover Financial Services and Discover Bank, and for Discover Bank to merge with and into Capital One, National Association. AGENCIES: Board of Governors of the Federal Reserve System (Board) and Office of the Comptroller of the Currency (OCC).
Fed, OCC to hold meeting on Capital One-Discover deal
May 15, 2024 · The Federal Reserve Board and the Office of the Comptroller of the Currency will hold a virtual meeting July 19 to allow public comment on Capital One Financial’s proposed $35.3 billion acquisition of Discover Financial Services, the regulators said in a press release Tuesday.
Federal Register :: Public Meeting: Proposal by Capital One …
May 20, 2024 · A virtual public meeting will be held regarding the proposal by Capital One Financial Corporation, McLean, Virginia, to acquire Discover Financial Services, Riverwoods, Illinois, and thereby indirectly acquire Discover Bank, Greenwood, Delaware, pursuant to section 3 of the Bank Holding Company...
Warren, Dems bash Capital One’s ‘history’ in Fed letter
Nov 26, 2024 · In a Nov. 20 letter to the Federal Reserve's board of governors and the Office of the Comptroller of the Currency, Sen. Elizabeth Warren of Massachusetts and Rep. Alexandria Ocasio-Cortez of New York, among others, cite Capital One’s broken promises and repeated regulatory action against the bank.
DOJ examines Capital One-Discover deal’s competitive angle
Apr 26, 2024 · Capital One is in contact with the Justice Department over the bank’s proposed acquisition of Discover, as the DOJ advises bank regulators that are reviewing the deal with an eye toward competition, Capital One CEO Richard Fairbank said Thursday.