Hints and tips:
Related Special Reports
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...The backlog of customer service issues has emerged months after the German lender promised to quickly fix the widespread disruption caused by a botched IT migration project....
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...not only its ready-to-wear but enjoy a vast array of services, including food — offered by its Marchesi 1824 pâtisserie — and art shows and cultural exhibitions made possible by the Fondazione Prada, the...
...Michael Rhodes, who joined Discover in December, is headed to Ally Financial, where he will be chief executive of the financial services company that has long specialised in auto loans....
...Michael Rhodes, who only joined Discover in December, is headed to Ally Financial, where he will be CEO of the financial services company, which has long specialised in auto loans....
...US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies....
...An OCC spokesperson said the agency had “not received a filing from Capital One regarding Discover Financial Services”....
...The lender agreed to buy Discover Financial Services on Monday for $35bn. Capital One is looking to wrap up that deal later this year or early 2025....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
...Capital One Financial, which is buying rival Discover Financial Services, is up 50 per cent. Americans held more than $1.1tn on their credit cards at the end of 2023, an all-time high....
...The enforcement action against KPMG was the result of a joint investigation by the PCAOB and the Dutch Authority for the Financial Markets (AFM), which will put the firm under enhanced supervision in the...
...Still, big financial services deals are going to bring scrutiny, and the likes of Senator Elizabeth Warren have already called for regulators to block the merger....
...“We’ve seen a real, robust rebound from exceptionally low levels this period a year ago.”Among the largest deals struck in the quarter were Capital One’s $35bn acquisition of Discover Financial, and chip...
...Two scoops to start, first: JPMorgan Chase spent more than a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank...
...“We really see real estate bottoming from a valuation standpoint,” Gray told the Financial Times last month....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Use will usually fall below the purview of financial regulators. Purchases and transfers are largely untraceable....
...Exclusive: Iran used two of the UK’s biggest banks to covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran’s intelligence services....
...And finally To the V&A in London, where a new blockbuster exhibition, Gabrielle Chanel: Fashion Manifesto, highlights both the designer’s revolutionary approach and her many links with Britain....
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...It has since won the Pulitzer Prize for Public Service in 2023, and it is now up for best documentary at the Oscars and the Baftas....
...Visit the FT poll-tracker page to discover our methodology and explore polling data by demographic including age, gender, region and more....
...Capital One Financial agreed to buy Discover Financial Services for $35bn in stock....
International Edition