Bank Merger Monday: Gaming Out D.C.'s Response to the Capital One-Discover Deal

Also, Senate's Brown wants tougher penalties for those who violate Fed trading rules; Fifth Circuit to reconsider challenge to Nasdaq's board diversity requirement

For those immersed in bank regulation, Capital One’s announcement that it’s buying Discover Financial Services for $35 billion is a bit like the run-up to the Super Bowl. This is a pretty huge event, and there’s no shortage of details to analyze, game out and speculate over. Will regulators approve the deal? How soon? What kinds of concessions will the …