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Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.
A merger with Capital One means Discover will become a much bigger threat to Visa and Mastercard. In addition, the deal would let Capital One “leapfrog” JPMorgan as the biggest credit card ...
Discover Bank is a full service online bank that covers more than just your savings and checking accounts needs. Among the additional services are: Certificates of deposits
Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at...
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