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 ...

Google has launched a core update specifically for Discover, rather than Search more broadly. The February Discover core update began Feb. 5 for English-language users in the U.S., with plans 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 ...

“I am particularly grateful for the leadership and partnership of Discover’s Board of Directors, its Executive Management Committee, and interim CEO Michael Shepherd. Their advocacy for Discover and ...

Capital One Financial's planned $35 billion purchase of Discover Financial Services has crossed the finish line, closing out a 15-month marathon of regulatory scrutiny, antitrust worries and ...

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Almost 15 months after its announcement, Capital One Financial Corp.’s takeover of Discover Financial Services was officially completed on Sunday, creating the largest credit-card issuer by loan ...