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Capital One, Discover plan integration, await merger approval

Cap One had $31M in integration expenses in Q2

Whitney McDonaldbyWhitney McDonald
July 24, 2024
in Banking
Reading Time: 3 mins read
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During the second quarter, Capital One continued to plan for its acquisition of Discover Financial Services as it awaits approval from the Federal Reserve.   “Our applications for regulatory approval are in process and we’re fully mobilized to plan and deliver a successful integration,” Capital One Chief Executive Richard Fairbank said during the bank’s July […]

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Tags: Capital OneDiscoverearningsmergers and acquisitions (M&A)Premium
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