Capital One Completes Acquisition of Discover, Agrees to $425M Payout

Capital One completed its acquisition of Discover on Sunday, to close the richest banking deal of the past six years and create the nation’s largest credit card issuer.

The bank, over the weekend, also made headway in one of the major court cases against it – a class-action lawsuit brought in the U.S. District Court for the Eastern District of Virginia by customers who held Capital One 360 Savings accounts.

Read more at Banking Dive