# Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

- Link: https://www.widthness.com/heres-why-capital-one-is-buying-discover-in-the-biggest-proposed-merger-of-2024/
- Published: 2024-02-24T09:45:33-06:00
- Author: Curated by John Wysocki

Photo caption: Capital One CEO and Chairman, Richard Fairbank. Photo credit: Marvin Joseph | The Washington Post | Getty Images. Article by Hugh Son. CNBC – updated February 21, 2024. Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall Street speak —  it’s a bid to protect itself against a rising tide of fintech and regulatory threats. […] Click here to view original web page at www.cnbc.com Curated by John Wysocki See Full Bio