Pull to refresh
Logo
Daily Brief
Following
Why Ranks Sign Up
Capital One Financial Corporation

Capital One Financial Corporation

Financial Institution

Appears in 2 stories

Stories

Trump's debanking war with Wall Street

Rule Changes

Defendant in separate Trump debanking lawsuit

Donald Trump banked with JPMorgan Chase for decades; after the January 6 Capitol attack, the bank gave him 60 days to move hundreds of millions of dollars. As sitting president, he's suing the bank and its CEO for $5 billion, alleging political discrimination.

Updated May 22

Capital One doubles down on business payments with $5.15B Brex acquisition

Money Moves

Acquirer; largest U.S. credit card lender

Capital One is shifting from credit card company to technology company. Eight months after buying Discover for $35 billion, it's buying Brex for $5.15 billion—$2.75 billion in cash, 10.6 million shares—an AI-native expense platform serving 25,000 customers including Anthropic, DoorDash, and Robinhood.

Updated May 22