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LOS ANGELES, CA / ACCESSWIRE / October 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Discover Financial Services ("Discover" or "the Company") (NYSE:DFS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 21, 2019 and August 14, 2023,...
LOS ANGELES, CA / ACCESSWIRE / October 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Discover Financial Services ("Discover" or "the Company") (NYSE:DFS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 21, 2019 and August 14, 2023,...
Discover Financial Services (NYSE: DFS) plans to host a business update call on Thursday, August 17, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover’s Investor Relations website at https://investorrelations.discover.com . An audio replay will be available on the website following the call. About Discover Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized...
Discover Financial Services (DFS) announced today that J. Michael Shepherd will join the Company’s Board of Directors, effective immediately, and will serve on the Board’s Risk Oversight Committee. Shepherd brings a unique set of skills developed over his distinguished career in financial services that includes leadership roles in banking, government, and law with deep experience in the areas of compliance, risk management and corporate governance. This press release features multimedia....
Discover Financial Services (NYSE: DFS) today announced that the Discover Board of Directors and Roger Hochschild have agreed that Hochschild will step down as Chief Executive Officer and President and as a member of the Board. Hochschild will serve in an advisory role at the Company through the end of the year to ensure a smooth transition. John Owen, a member of the Board, has been appointed Interim CEO and President. These changes are effective immediately. The Board has engaged a leading...
LOS ANGELES, CA / ACCESSWIRE / August 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Discover Financial Services ("Discover" or "the Company") (NYSE:DFS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Discover issued a press release on July 19, 2023,...
LOS ANGELES, CA / ACCESSWIRE / July 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Discover Financial Services ("Discover" or "the Company") (NYSE:DFS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Discover issued a press release on July 19, 2023,...
Discover Financial Services (NYSE: DFS): Second Quarter 2023 Results 2023 2022 (1) YOY Change Total loans, end of period (in billions) $117.9 $99.3 19% Total revenue net of interest expense (in millions) $3,878 $3,213 21% Total net charge-off rate 3.22% 1.80% 142 bps Net income/(loss) (in millions) $901 $1,103 (18)% Diluted EPS $3.54 $3.93 (10%) Note(s) 1. The comparative prior quarter ended June 30, 2022 has been restated to reflect immaterial corrections to the financial statements. See...
Jason Strle, a banking technology leader with more than 20 years of experience in the financial services industry, has been named Discover’s new Chief Information Officer responsible for implementing industry-leading technology across the organization and continuing to deliver reliable and more secure products for customers. He will join the company’s Executive Committee as an executive vice president on July 18. This press release features multimedia. View the full release here:...
For the third consecutive year, Discover has been recognized as a 2023 Best Place to Work for People with Disabilities and earned a 100 percent score on the Disability Equality Index (DEI). “At Discover, we celebrate the gifts and strengths each of us brings to work,” said Jonita Wilson, chief diversity officer at Discover. “We make it our mission every day to contribute to a more equitable and sustainable world by bringing awareness and more opportunities to people with disabilities so...
Discover Financial Services (NYSE: DFS) and Discover Bank (collectively “Discover”) have certain outstanding preferred stock and debt securities, listed in this press release (the “LIBOR-based Securities”), that use 3-month USD LIBOR or the 5-year USD LIBOR Mid-Swap Rate (collectively “LIBOR-based Benchmarks”) administered by ICE Benchmark Association Limited (“IBA”) as reference rates for determining interest rates and amounts payable to investors in the LIBOR-based Securities....
Discover Financial Services (NYSE: DFS) plans to report its second quarter 2023 results after the market closes on Wednesday, July 19, 2023. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com . A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, July 20, 2023, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the general public through Discover’s...
Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses. Discover Bank has made an initial capital commitment of $36 million. “We continually explore innovative ways to support our communities in which we operate and creating the Discover Financial...
A national survey from Discover ® Student Loans revealed that a majority of parents with college-bound children are worried about having enough money to pay for their child’s education. According to survey findings, more parents feel financially unprepared to pay for college this year than in previous years with nearly three-quarters (70%) worried about having enough funds, compared to 66% last year and 63% in 2021. While there are multiple contributing factors to the feelings of financial...
Oggi Discover ha condiviso una parte della terza edizione annuale di Fintech State of the Union (Stato dell'unione sul fintech), lo studio più completo del settore che fornisce una panoramica globale formata da consumatori, fornitori di tecnologia finanziaria e attori del venture capital. Per la ricerca, commissionata da Discover Global Network ed effettuata in collaborazione con 451 Research, del gruppo S&P Global Market Intelligence, sono state intervistate fintech internazionali per...
Vandaag deelde Discover een fragment van de derde jaarlijkse Fintech State of the Union , het meest uitgebreide onderzoek in zijn soort in de branche, dat wereldwijde perspectieven biedt van consumenten, fintech-leveranciers en durfkapitalisten. Het onderzoek in opdracht van Discover Global Network met 451 Research van S&P Global Market Intelligence, onderzocht wereldwijde fintechs om opkomende digitale betalingstrends te identificeren die het fintech-ecosysteem vormgeven. Vertrouwen in...
Aujourd’hui, Discover a partagé une partie de la troisième édition annuelle de l’état de la Fintech State of the Union , l’étude la plus complète du genre dans l’industrie, offrant des perspectives mondiales des consommateurs, des fournisseurs de technologies financières et des investisseurs en capital-risque. L’étude de recherche commandée par Discover Global Network avec 451 Research de S&P Global Market Intelligence a sondé les sociétés de technologie financière...
En el día de hoy, Discover ha compartido parte de la tercera edición anual de Fintech State of the Union , el estudio más completo de su categoría en el sector, que ofrece perspectivas globales de consumidores, proveedores de fintech e inversores de capital riesgo. El estudio de investigación solicitado por Discover Global Network con 451 Research de S&P Global Market Intelligence ha encuestado a empresas fintech de todo el mundo para identificar las tendencias emergentes en pagos digitales...
Today, Discover shared a portion of the third annual Fintech State of the Union , the most comprehensive study of its kind in the industry, providing global perspectives from consumers, fintech vendors, and venture capitalists. The research study commissioned by Discover Global Network with 451 Research of S&P Global Market Intelligence surveyed global fintechs to identify emerging digital payments trends shaping the fintech ecosystem. Reliance on Payments Networks is Strong for Fintechs Per the...
Discover Financial Services (DFS) announced today that Daniela O’Leary-Gill will join the company’s Board of Directors, effective as of June 14, 2023. O’Leary-Gill previously served as a director on the Discover Bank Board where she served on the Audit & Risk Committee. She is the former Chief Operating Officer of BMO U.S. for BMO Financial Group. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230601006067/en/ Daniela...