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Capital One Financial Corp

Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

by Merchant Moller
Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The industry’s first-quarter results …

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Snowflake’s Slootman not worried about exodus: ‘not a personal cult’

by Sipho Sepamla
Snowflake’s Slootman not worried about exodus: ‘not a personal cult’

Snowflake Chairman Frank Slootman attends the Snowflake Summit 2022 in Las Vegas on June 14, 2022. Snowflake | Via Reuters News of Snowflake CEO Frank Slootman’s retirement sparked an 18% …

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Jamie Dimon on Capital One-Discover deal: ‘Let them compete’

by Mark McDuffie
Jamie Dimon on Capital One-Discover deal: ‘Let them compete’

JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. “My view is, let …

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Capital One Discover acquisition has $1.4 billion breakup fee for another buyer

by Mark McDuffie
Capital One Discover acquisition has .4 billion breakup fee for another buyer

Capital One headquarters in McLean, Virginia on February 20, 2024.  Brendan Smialowski | AFP | Getty Images Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup …

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Why Capital One is buying Discover in the biggest merger yet of 2024

by Mark McDuffie
Why Capital One is buying Discover in the biggest merger yet of 2024

Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger …

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Capital One acquiring Discover Financial Services, report says

by Merchant Moller
Capital One acquiring Discover Financial Services, report says

Sopa Images | Lightrocket | Getty Images Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be …

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Credit Card Payments Market size to grow by USD 147.16 billion from 2021 to 2026, The market is fragmented due to the presence of prominent companies like American Express Co., Capital One Financial Corp. and Bank of America Corp., and many more

by Khairy Forshey
Credit Card Payments Market size to grow by USD 147.16 billion from 2021 to 2026, The market is fragmented due to the presence of prominent companies like American Express Co., Capital One Financial Corp. and Bank of America Corp., and many more

NEW YORK, Nov. 29, 2023 /PRNewswire/ — The credit card payments market is estimated to grow by USD 147.16 billion from 2021 to 2026, growing at a CAGR of 7.66%. The …

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Airport lounges are booming, and everyone wants in

by Dennis chmitz
Airport lounges are booming, and everyone wants in

Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The …

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Credit card losses are rising at the fastest pace since the Great Financial Crisis

by Merchant Moller
Credit card losses are rising at the fastest pace since the Great Financial Crisis

Frederic J. Brown | AFP | Getty Images Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according …

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Nvidia and Capital One invest in Databricks at $43 billion valuation

by Sipho Sepamla
Nvidia and Capital One invest in Databricks at  billion valuation

Ali Ghodsi, co-founder and CEO of Databricks. Databricks As some high-valued tech startups look to the long-dormant IPO market for their next funding round, Databricks is still finding investors that …

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