• COF
• DFS

Discover Financial fourth-quarter profit jumps on lower loan loss provisions

Discover Financial's Q4 profit tripled due to lower credit loss provisions and increased interest income, signaling strong performance ahead of its merger with Capital One.

• COF
• DFS
• MA
• V

Capital One's fourth-quarter profit jumps on interest income boost

• ACI
• AGR
• AMED
• COF
• DFS
• JBLU
• KR
• SAVE
• TPR
• TPX
• UNH

Factbox-US deals blocked by regulators or facing intense scrutiny

Tapestry abandons a bid for Capri following regulatory interventions, highlighting a growing scrutiny on various high-profile deals, including mergers and acquisitions facing legal challenges.

• COF
• DFS

Wall Street greets Trump's return with greed and trepidation

Wall Street hopes for favorable regulations under a potential Trump presidency, boosting M&A activity while expressing concerns over unpredictability and impacts on green energy and visa regulations.

• COF
• DFS

Capital One, Discover surge as Trump victory seen as positive for merger

Capital One and Discover Financial shares surged after Trump’s election, boosting confidence in their planned merger expected to finalize in early 2025.

• COF
• DFS

Capital One warns of potential CFPB enforcement action over its savings accounts

Capital One may face enforcement action from the CFPB over alleged misrepresentations of savings accounts amid ongoing investigations into its acquisition deal with Discover Financial Services.

• BFH
• COF
• DFS
• NAVI
• SOFI
• SYF

BofA unpacks potential impact of US election on Consumer Finance stocks

• COF
• DFS
• JPM

New York probing legality of Capital One-Discover merger

New York AG is investigating Capital One's $35.3 billion merger with Discover for potential antitrust violations, citing consumer impact, lack of cooperation, and upcoming legal challenges.

• COF
• DFS
• JPM

New York probing legality of Capital One-Discover merger

• COF
• DFS

Consumer lender Capital One's Q3 profit rises as high interest rates boost income

Capital One's third-quarter profit rose 1.6% due to higher interest rates, with net interest income up 9% to $8.1 billion amid rising consumer credit charge-offs.