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Capital One's $35.3B Discover Deal Would Be Fifth-Largest Bank Merger in US History

Key TakeawaysIf approved, Capital One's acquisition of Discover would be the fifth-largest deal ever between U.S. banks in mergers and acquisitions history.JPMorgan Chase's acquisition of Bank One in 2004 was the largest to date at 56.88billion,followedbyBankofAmericaspurchaseofFleetBostonFinancialfor56.88 billion, followed by Bank of America's purchase of FleetBoston Financial for 47.69 billion that same year.Citicorp and Travelers Insurance Group's 1998 merger creating Citigroup in a $36.03 billion deal was the fourth largest.Discover Financial Services (DFS) shares surge ...