Discover Financial Services at Goldman Sachs Financial Services Conference (Virtual) Transcript

Dec 06, 2023

Dec 05, 2023 / 06:00PM GMT
Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

All right. We're going to get started now. Up next, we're excited to have Discover Financial joining us at the conference.

In what has been a challenging year, Discover has continued to deliver best-in-class growth as well as industry-leading efficiency in returns while continuing to build out its direct bank.

Joining us for the first time I believe here is CFO, John Greene. Today's presentation is going to be a fireside chat. So with that, welcome, John.

John Thomas Greene - Discover Financial Services - Executive VP & CFO

Ryan, thank you very much. Thanks for having me.

Questions and Answers:

Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

So this year, there have been several changes at Discover. Can you address whether these changes have changed anything around the company's broader strategic vision? And why do you think the company is well positioned over the next 12 to 18 months?

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