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%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين