<ul><li>New York Attorney General Letitia James is investigating Capital One's proposed acquisition of Discover Financial Services.</li><li>Capital One declined to voluntarily waive federal confidentiality protections, leading to subpoenas being issued.</li><li>The investigation is part of New York's antitrust probe and focuses on the potential impact on consumers in New York.</li><li>Capital One remains confident that the merger will be approved.</li></ul>

New York Investigating Proposed Capital One-Discover Deal

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