New York probing legality of Capital One-Discover merger

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

New York probing legality of Capital One-Discover merger

NEW YORK - New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services (NYSE:

She also said the impact of a merger would be"particularly felt by the often vulnerable New Yorkers with subprime credit scores." A merger would also help Capital One, which issues Visa- and Mastercard-branded cards, expand its payment operations. Discover agreed to a full waiver but Capital One did not, claiming it would give New York unlawful"visitorial power" over national banks, leading to the subpoena, James said.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 450. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie