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Does Capital One-Discover Deal Mean a Return to M&A?

Federal regulators’ approval of the Capital One-Discover deal has been broadly hailed as an omen of an easier dealmaking environment. Will it nudge more banks off the sidelines to pursue M&A? The $494 billion Capital One Financial Corp.’s acquisition $148 billion Discover Financial Services faced opposition from some community groups and lawmakers after it was announced in February 2024. The Federal Reserve and Office of the Comptroller of the Currency approved the deal in April 2025. Discover also entered into a consent order with the Federal Deposit Insurance Corp. over the way it had assessed interchange fees on certain credit…

CFPB Scraps Small Business Data Collection Rule

The Consumer Financial Protection Bureau has scrapped a small business data collection rule just months before it was to take effect, setting itself up to rescind the current version and reissue a new rule. In a press release issued April 30, the CFPB said that it “will not prioritize enforcement or supervision actions” related to the rule. Lawyers for the regulator said in a case before the U.S. District Court for the Southern District of Florida that the agency will issue a new rulemaking “as expeditiously as reasonably possible.” Part of the Dodd-Frank Act of 2010, the so-called 1071 rule…

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WRITTEN BY

Laura Alix

Director of Research

Laura Alix is the Director of Research at Bank Director, where she collaborates on strategic research for bank directors and senior executives, including Bank Director’s annual surveys. She also writes for BankDirector.com and edits online video content. Laura is particularly interested in workforce management and retention strategies, environmental, social and governance issues, and fraud. She has previously covered national and regional banks for American Banker and community banks and credit unions for Banker & Tradesman. Based in Boston, she has a bachelor’s degree from the University of Connecticut and a master’s degree from CUNY Brooklyn College.