New York Investigating Proposed Capital One-Discover Deal
COFCapital One(COF) PYMNTS.com·2024-10-24 06:44

New York Attorney General Letitia James is reportedly investigating Capital One’s proposed acquisition of Discover Financial Services.James asked a court for permission to issue subpoenas to Capital One, saying the bank had declined to voluntarily waive federal confidentiality protections, Bloomberg reported Wednesday (Oct. 23).The effort is part of New York’s antitrust probe focused on the proposed deal, according to the report.Capital One said in the report that it will respond to the state attorney gener ...