The deal is expected to close in early June, creating a $14 billion community banking powerhouse on Long Island.

U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services , ...

Despite the regulatory issues, Discover’s financial performance has improved since the Capital One takeover was announced.

The FDIC has granted approval for ConnectOne and First of Long Island banks' $284 million merger plans, first announced last ...

President Donald Trump's shrinking of the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau add to ...

The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC ... especially for community banks that have had to deal with rules tailored for larger institutions.

NEW YORK (Reuters ... Another banking regulator, the Federal Deposit Insurance Corporation, separately said it was ordering Discover to pay a $150 million civil fine for overcharging fees.

The federal banking regulators have each recently adopted a more permissive approach to the regulation of cryptocurrency activities within the banking sector. The Office of the Comptroller of the ...

NEW YORK >>U.S. banking regulators said ... Another banking regulator, the Federal Deposit Insurance Corporation, separately said it was ordering Discover to pay a $150 million civil fine for ...