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2024-11-04 | Current Affairs

Capital One Warns of Potential CFPB Enforcement Over Savings Accounts

Capital One disclosed on Thursday that it could face enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged misrepresentations related to its savings accounts. The consumer lender stated in a filing that the federal agency may consider litigation as well. 

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2024-02-20 | Current Affairs

Capital One To Acquire Discover Financial For USD 35 Billion 

Today’s News  In a significant move within the financial sector, Capital One has officially revealed plans to acquire Discover Financial for a substantial USD 35.3 billion. This strategic all-stock merger is set to bring together two major players in the American credit card arena, reshaping the industry landscape. The deal values Discover’s stock at 27% […]