Which means approval of the fusion of discovery for the capital of first and 2 other finances

Capital One secured approval by banking regulatory authorities on Friday to take over Discover Financial in the amount of $ 35 billion, which according to analytics can bring far-reaching benefits except just having a club. News Wells Fargo Research analysts have found that Greenlights from the Federal Reserve and the currency controller office emphasize the soft regulatory environment under the Trump administration. This bodes well for investment banking enterprises in large American banks, such as the Goldman Sachs portfolio. In the note on Sunday, the analysts described the fusion of single -level capital as a “billing event” in order to obtain more banking transactions, which should probably “start further consolidation of banks”. They added: “approval is an advance payment for an improved regulatory environment from the new administration.” Research analysts from Wells Fargo said that the takeover of discover will not only increase the potential of profits, but also will provide “more than a sufficient pillow to protect” against an uncertain macroeconomic environment. Analysts repeated their assessment of the purchase of Capital One shares, which stated that it now had all the necessary approval and plans to end the purchase of discover on May 18. Capital One, which reports earnings after Tuesday’s bell, has three main segments: credit cards, consumer banking and commercial banking. He receives most of his revenues from credit cards. The development of the merger was not enough to increase financial campaigns, because the fears of the so -called Tariffs of President Donald Trump are still off the market. Capital One shares, which increased by more than 5% shortly after the opening of the Monday, turned lower and spent the afternoon around the flat line. Goldman did not change much after opening, but saw them falling accelerated when S&P 500 sank by more than 3%. COP 1Y Mountain Capital One 1 year Large painting in 2025. Investors had high hopes that the more mild attitude of Trump in antitrust matters would lead to more mergers and acquisitions (M&A) and the initial public offer (IPO). But having concerns about tariffs and recessions that grab the market, the activity of the transaction did not increase as much as expected in the first few months of the president’s office. Investment banks earn money by offering fusion and IPO insurance services. Example: Increased uncertainty as to the perspective of the economy has disturbed the plans of the great IPO, such as FinTech Klara and the Stubhub ticket platform in the last month. Last week, Goldman also noted weaker than expected revenues in the investment banking department in the first quarter. Director General David Solomon admitted that the expectations of transactions have not yet been provided. “We enter the second quarter with a clearly different operational environment than at the beginning of this year,” Salomon said during the conference connection after profit. Corporate clients are “concerned about significant and long-term uncertainty, which limited their ability to make important decisions,” said the director. To sum up, we are excited that bank regulatory bodies have decided to move on with the Discover agreement. This is a key reason why the club first began his position in Capital One. The acquisition should support the increase in profits and repeated price extension to profit in the long run. After the Capital One transaction is completed, the main credit card issuer will have a Discover payment network that will reduce her relying on Mastercard and Visa. On Monday, we added one position to our capital. “We have a catalyst we wanted in Capital One,” said Jim Cramer during the morning meeting. “The supply did not move [much]. It’s an opportunity. “GS 1y Mountain Goldman Sachs 1 year, like analysts, we also hope that this is a positive sign about the US regulatory background. Less offers blocked by regulators means a greater advantage for the key activity of Goldman in investment banking. But for material material, better clarity in the field of tariff policy is needed last Monday. Charlie Scharf. CO, GS, WFC. See the full list of shares here.) As a subscriber of the CNBC Investing Club with Jim Cramer, you will receive a trade warning before Jim makes trade. If Jim talked about actions on CNBC television, it waits 72 hours after the commercial alert was released before trading. The above information about the club investing is subject to our conditions and the Privacy Policy together with our reservation. There is no trust or obligation, nor is it created by receiving all information provided in connection with the investing club. No specific result or profit is guaranteed.

The screens display the logo and commercial information for Capital One Financial and discover financial, because traders work on the floor on the New York Stock Exchange on February 20, 2024.

Brendan McDermid Reuters

Capital first Secured approval by bank supervision authorities on Friday for the acquisition of $ 35 billion Discover financial -Mowa, which according to analysts could bring far -reaching benefits going beyond the club.

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