Capital One Financial Corp. announced Monday that it had reached an agreement to acquire Discover Financial Services for $35.3 billion, instantly creating a financial behemoth should the deal be ...

Capital One's acquisition of Discover would make it one of the largest credit card issuers in the U.S. The deal could help boost Discover's payment network and better compete with Visa and Mastercard.

Capital One's (NYSE: COF) credit card business is a highly profitable one. Thanks to the average credit card APR of about 25% in the current environment and relatively low deposit costs, Capital One ...

Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Capital One has a highly profitable business, and is acquiring Discover in an all-stock deal. Discover not only magnifies the size of the credit card business, but also brings its in-house payment ...