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Discover Financial Services' profit plunges | Crain's Chicago Business

Discover Financial Services' profit plunges | Crain's Chicago Business
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Discover's Credit Card Delinquency Rate Rises to 3.9%

Discover Financial Service’s earnings, released Wednesday (Jan. 17), showed growth in card loans and rising delinquency rates. Chief Financial Officer John… ....

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Discover Slumps as Profit Plunges 62% Amid Compliance Costs Pain

(Bloomberg) Discover Financial Services posted a 62% drop in fourth-quarter profit as the company continued to grapple with the fallout from compliance and risk-management lapses that led to the resignation of its chief executive officer last year. The company’s shares tumbled.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownApple to Sell Watches Without Oxygen Feature After Legal SetbackPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmSingapore ....

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Discover profit plunges | Bloomberg News

Discover Financial Services posted a 62-percent drop in fourth-quarter profit as the company continued to grapple with the fallout from compliance and risk-management lapses that led to the resignation of its chief executive officer last year. Net income for the three months ended December 31 totaled $388 million, or $1.54… ....

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Discover Profit Plunges 62% as Compliance Costs Bite

Discover Profit Plunges 62% as Compliance Costs Bite
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