Highlights The pending Discover acquisition is seen as a transformative move aimed at building a "leading consumer banking and payments platform" according to Capital One’s CEO. Capital One's credit metrics are showing improvement, with delinquency rates improving steadily for several quarters. Consumers are still spending on their credit cards, as purchase volumes were up 5% in the quarter, and Capital One has seen spending accelerate in April. With less than one month to go before its acquisit ...