Discover Financial Services (NYSE:DFS) announced this morning that its subsidiary, Discover Bank, would sell its private student loan portfolio. The buyer consists of at least one strategic ...

Narrow-moat-rated Discover reported solid third-quarter results as the bank’s credit costs stabilize. Net revenue increased 10% from last year to $4.45 billion, though this includes a $70 million gain ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Discover Financial Services sold its student loan business ...

NEW YORK--(BUSINESS WIRE)--Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle ...

Private equity firm Carlyle (CG) and KKR (KKR) won an auction for Discover Financial's (NYSE:DFS) $10 billion student loan book. The joint bid from the PE firms beat out a competing offer from Sixth ...

Founded in 1986, Discover is a US-based digital banking and payment services company Monogram LLC, a portfolio company of Carlyle, will serve as portfolio manager for the student loan portfolio Wells ...