Treasury Department; Office of the Comptroller of the Currency; Federal Reserve System (F.R. Page 43852) – Meeting

TIME: 9 a.m.

EVENT: Treasury Department; Office of the Comptroller of the Currency; Federal Reserve System (F.R. Page 43852) holds a virtual meeting regarding a proposal by Capital One Financial Corporation to acquire Discover Financial Services and Discover Bank, and for Discover Bank to merge with and into Capital One, National Association.

AGENDA: Agenda includes: Discussion of the effects of the proposal on the convenience and needs of the communities to be served by the combined organization; Discussion of the insured depository institutions' performance under the Community Reinvestment Act; Discussion of the impact of the proposal on competition in the relevant markets; Discussion of the effects of the proposal on the stability of the U.S. banking or financial system; Discussion of the financial and managerial resources and future prospects of the companies and banks involved in the proposal; Discussion of the effectiveness of the companies and banks in combatting money laundering activities; and the board will consider whether the proposed acquisition of the nonbanking companies can reasonably be expected to produce benefits to the public, such as greater convenience, increased competition, or gains in efficiency, that outweigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interests, unsound banking practices, or risk to the stability of the United States banking or financial system

DATE: July 19, 2024

LOCATION: None given

CONTACT: Jason Almonte, 917-344-3405, jason.almonte@occ.treas.gov [Note: Register by 11:59 p.m. on July 18.]