See every side of every news story
Published loading...Updated

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover - WSVN 7News | Miami News, Weather, Sports

Summary by WSVN
NEW YORK (AP) — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Discover Financial. The plan is designed to appease federal bank regulators, who have been initially skeptical of approving the merger, which would create the world’s largest credit card company if it goes through. The five-year, $265 billion community benefit plan consists of se…

1 Articles

All
Left
1
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

WSVN broke the news in Miami, United States on Thursday, July 18, 2024.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.