capitalone
ValueWalk
New York (AFP) - US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms. Under the deal, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, a premium of 26.6 percent over Discover's closing price on Friday. Acquisition of Discover will help "build a payments network that can compete with the largest payments networks and payments companies," said Capital One founder and CEO Richard Fairbank in a statement. Once the deal goes through,...
AFP
ValueWalk
The U.S. banking system is considered to be among the best in the world, and the country is home to some of the biggest banks globally. When it comes to the biggest banks in the U.S., the list may change slightly based on the parameter considered, such as revenue, asset size, deposits and more. In this article, we will talk about the top ten biggest U.S. banks on the basis of deposits. Q4 2020 hedge fund letters, conferences and more Ten biggest US banks by depositsWe have used the data from the FDIC (as of July 2020) to come up with our list of the biggest U.S. banks on the basis of deposits....
ValueWalk
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