In a landmark deal, Capital One has successfully acquired Discover Financial Services for $35.5 billion. CEO Richard D. Fairbank states this merger will redefine banking for millions. What does this mean for customers?
After a tough Game 1, the Washington Capitals redeemed themselves with a 3-1 win over the Carolina Hurricanes in Game 2, thanks to a stellar performance by Tom Wilson, who scored and assisted in the game.
In a major banking move, the Federal Reserve has approved Capital One's merger with Discover. This comes alongside a $100 million fine for Discover's past interchange fee overcharges and a commitment to customer repayments.
