Capital One has announced that it will lay off more than 1,100 employees at the former Discover Financial Services headquarters in Lake County after the two companies merged.

The employees span a number of positions, but the spokesperson said none are front-line, customer-facing associates.

Fallout from the merger of Capital One and Discover Financial services continues as 1,139 employees who either work at or report to the office in Riverwoods are losing their jobs. The total includes ...

With Discover’s $35 billion sale now an indisputable jobs disaster for Chicagoland, the only real question is whether Capital ...

The card may not be the most generous travel card for earning rewards, but it’s a hassle-free way to earn miles on all ...

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1016 ET – The sterling bond market is favorable for long-term bond issuers ...

Discover Financial Services (NYSE:DFS) Q1 2025 Earnings Call Transcript April 24, 2025 Operator: Good morning. My name is Margo, and I will be your operator today. At this time, I would like to ...

Sept 23 (Reuters) - Discover Financial Services failed to persuade a U.S. judge to dismiss a lawsuit by a former executive who accused the digital banking giant of gender and age bias and claimed it ...

US bank sector sees profit dip due to Capital One-Discover deal: FDIC The completed merger between Capital One and Discover Financial weighed down bank profits in the second quarter, as the sector ...

Capital One COF-1.27%decrease; red down pointing triangle reported a loss in the second quarter as it completed its acquisition of Discover Financial Services. Mclean, Va.-based Capital One on Tuesday ...

Federal banking regulators have laid the blame for Discover Financial Services charging merchants $1 billion in excessive credit card fees over 17 years squarely at the feet of company executives.