[Federal Register Volume 89, Number 83 (Monday, April 29, 2024)]
[Notices]
[Page 33346]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09170]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies Extension of Comment Period

    The company listed in this notice has applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The public portions of the application listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank indicated below and at 
the offices of the Board of Governors. The public record of the 
application, including all comments received, also is available on the 
Board's public website at: https://www.federalreserve.gov/foia/capital-one-discover-application-materials.htm. Interested persons may express 
their views in writing on the standards enumerated in the BHC Act (12 
U.S.C. 1842(c)), as well as the standards enumerated in section 4 of 
the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking 
activities will be conducted throughout the United States.
    Comments received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    The comment period for this application has been extended for good 
cause in order to provide additional opportunity for interested persons 
to submit comments. Comments regarding each of these applications must 
be received at the Reserve Bank indicated or at the offices of the 
Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street 
and Constitution Avenue NW, Washington DC 20551-0001, not later than 
May 31, 2024.
    A. Federal Reserve Bank of Richmond (Brent B. Hassell, Assistant 
Vice President) P.O. Box 27622, Richmond, Virginia 23261 or 
electronically to [email protected]:
    1. Capital One Financial Corporation, McLean, Virginia; to acquire 
Discover Financial Services, Riverwoods, Illinois, and thereby 
indirectly acquire Discover Bank, Greenwood, Delaware. In connection 
with this application, Capital One Financial Corporation to acquire DFS 
Services LLC, Riverwoods, Illinois; Discover Financial Services 
(Canada), Inc., Vancouver, British Columbia, Canada; PULSE Network LLC, 
Houston, Texas; and Diners Club International Ltd., Riverwoods, 
Illinois, and thereby engage in activities closely related to banking 
including extending credit and servicing loans, activities related to 
extending credit, and data processing pursuant to section 225.28(b)(1), 
(b)(2), and (b)(14), respectively, of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System.
Ann Misback,
Secretary of the Board.
[FR Doc. 2024-09170 Filed 4-26-24; 8:45 am]
BILLING CODE P