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Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings ...
David Nelms was the Chief Executive Officer of Discover Financial from 2004 – September 30, 2018. Nelms was named chairman of the board in 2009 and as of October 1, 2018, was the Executive Chair of the board of directors. [2] [3] He joined Discover as president and COO in 1998. [3] From 1991-1998, Nelms served as an executive for MBNA.
Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up ...
Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services.Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964), [3] Matty Simmons, and Alfred S. Bloomingdale, it was the first independent payment card company in the world, successfully establishing the financial card service of issuing travel and entertainment (T&E ...
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 ...
Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal.. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each ...