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Regulators extend comment period for Capital One, Discover proposed merger
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Banking, Mergers & Acquistions
Friday, May 3, 2024
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The federal banking agencies extended the public comment period for Capital One Financial Corp.’s application to acquire Discover Financial Services. The decision aligns with federal regulators’ stated intent to increase scrutiny over mergers that could result in banks with more than $100 billion in total assets.
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