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Capital One–Discover merger fate hinges on 2024 election

The merger of two financial institutions will create the nation's sixth-largest bank. Federal laws require regulators to pay special attention to the risks of concentration in the banking industry. The acting comptroller is now running the agency. The election may impact the merger's fate.

by Terry Bingman
Thu, Feb 22, 2024 3:16am
in Business
• 2 mins read
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Capital One–Discover merger fate hinges on 2024 election | FinOracle

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Capital One-Discover Merger Raises Concerns About Banking Industry Concentration

Merger Could Create the Sixth-Largest Bank in the Nation

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