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=== Acquisition by Capital One === On February 19, 2024, [[Capital One]] announced that it would acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion.<ref>{{Cite web |last1=Kim |first1=Hakyung |last2=Wang |first2=Christine |date=2024-02-19 |title=Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal |url=https://www.cnbc.com/2024/02/19/capital-one-acquiring-discover-financial-services-report-says.html |access-date=2024-02-22 |website=CNBC |language=en}}</ref> If the deal is approved by regulators, the combined company will become the largest credit card issuer in the U.S.<ref>{{Cite news |last1=Nerkar |first1=Santul |last2=Flitter |first2=Emily |date=2024-02-20 |title=What to Know About Capital One's Proposed Acquisition of Discover |url=https://www.nytimes.com/2024/02/20/business/capital-one-discover-what-to-know.html |access-date=2024-02-22 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> The deal has faced scrutiny from antitrust experts.<ref>{{Cite web |date=2024-03-22 |title=Antitrust issues take center stage in Capital One-Discover deal |url=https://www.americanbanker.com/news/antitrust-issues-take-center-stage-in-capital-one-discover-deal |access-date=2024-06-28 |website=American Banker |language=en}}</ref><ref>{{Cite web |title=DOJ examines Capital One-Discover deal's competitive angle |url=https://www.bankingdive.com/news/doj-capital-one-discover-deal-competition-antitrust-federal-reserve-occ-fairbank/714453/ |access-date=2024-06-28 |website=Banking Dive |language=en-US}}</ref>
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