The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit...
Discover Financial Services plans to sell its $10.1 billion private student loan portfolio. The company’s Discover Bank entered into an agreement to sell the portfolio to one...
The Federal Deposit Insurance Corp. has ended a 2014 consent order with Discover Financial Services” banking unit. According to a report in American Banker the...