- Capital One is readying an acquisition of Discover Financial Services, according to The Wall Street Journal.
- The deal would merge two of the largest credit-card issuers in the US.
- Discover is coming off a difficult year after compliance lapses led to a CEO resignation.
“Merger highlights the problem with big credit card companies”
https://www.axios.com/2024/02/20/problem-big-credit-card-companies