Capital One Discover Merger 2024. Combining with discover would make capital one the largest card issuer in the country, pushing ahead of jpmorgan, according to a presentation capital one put. Investigations can take months — capital one expects the deal to close in late 2024 or early 2025 — potentially resulting in an overlap with this fall’s presidential.

A proposed merger between capital one and discover raises antitrust concerns and questions about how it will affect customers. Christina mohr, managing director and vice chair of global m&a at citi, weighs in on capital one’s move to buy discover financial services and explains why.