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Discover Financial Services Value Stock - Dividend - Research Selection

Discover financial services

ISIN: US2547091080 , WKN: A0MUES

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Description of the company

Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Discover Financial Services Announces Second Quarter 2024 Earnings Release on July 17, 2024, and Conference Call on July 18, 2024

2024-06-27
Discover Financial Services plans to report its Second quarter 2024 results after the market closes on Wednesday, July 17, 2024. The earnings release will be available through Discover's Investor...

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Carlyle, KKR win $10B Discover Financial loan portfolio, FT reports

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Carlyle, KKR win auction for $10 billion student loan book from Discover Financial, FT reports

2024-06-26
According to the report, the joint bid topped a competing offer from Sixth Street, BlackRock and the Canada Pension Plan Investment Board, with the loan book selling above par. KKR, Carlyle and Discover Financial did not immediately respond to Reuters' requests for comment.

Big banks pass Fed stress test as they fight stricter capital rules

2024-06-26
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.

Discover Financial Services Simplifies Business with Strategic Student Loan Portfolio Sale

2024-06-26
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Carlyle, KKR win auction for Discover Financial's $10B student loan portfolio - FT

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