The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September.
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Tag: Discover
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payouts
Report: Capital One To Acquire Discover Financial Services
Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal.
Read More Report: Capital One To Acquire Discover Financial Services