Saeed Azhar

3 weeks ago | usatoday.com | Chris Prentice |Saeed Azhar

U.S. banking regulators said on Friday they approved Capital One'sĀ COF.NĀ $35.3 billion purchase of Discover Financial ServicesĀ DFS.N, paving the way for the combined firms to become the nation's eighth-largest bank. The deal has been closely watched by financial executives, who see it as a litmus test for how quickly the administration of PresidentĀ Donald TrumpĀ will approve mergers in a sector they see as ripe for consolidation.

3 weeks ago | azdailysun.com | Chris Prentice |Saeed Azhar

By Chris Prentice and Saeed AzharNEW YORK (Reuters) -U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , paving the way for the combined firms to become the nation's eighth-largest bank. kAm%96 562= 92D 366? 4=@D6=J H2E4965 3J 7:?2?4:2= 6I64FE:G6D[ H9@ D66 :E 2D 2 =:E>FD E6DE 7@C 9@H BF:4<=J E96 25>:?:DEC2E:@? @7 !C6D:56?E s@?2=5 %CF>A H:== 2AAC@G6 >6C86CD :?

3 weeks ago | gurutrade.com | Chris Prentice |Saeed Azhar |Franklin Paul

NEW YORK, April 18 (Reuters) - The Federal Reserve and Office of the Comptroller of the Currency said on Friday they have approved the merger of Capital One and Discover, paving the way for the two firms to become the eighth-largest bank in the United States.

4 weeks ago | marketscreener.com | Saeed Azhar

NEW YORK (Reuters) - Citizens Financial may temper hiring as uncertainty hangs over the economy, but it has no plans to cut staff, its chief executive told Reuters on Wednesday. "We may slow down new hiring a bit until we see kind of where things are going, but we're not deciding that we need to right-size the force," CEO Bruce Van Saun said. The U.S.-based regional lender's profit fell in the first quarter as it brought in less income from interest payments.

4 weeks ago | marketscreener.com | Pritam Biswas |Saeed Azhar |Niket Nishant

(Reuters) -Bank of America topped estimates on Tuesday for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul, lifting its shares more than 4%. As markets whipsawed around U.S. President Donald Trump's tariff policies, the second-largest U.S. lender brought in 9% higher trading revenue, mirroring trends seen at rivals.