Discover Financial Services at Credit Suisse Virtual Financial Services Forum (Virtual) Transcript
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Okay. Welcome again, ladies and gentlemen. Very pleased to have with us the management of Discover Financial. Discover is a company that's been able to leverage its own brand into industry-leading growth in accounts. And I would say, it's continued to build on its core cashback proposition over the years. And it's focused on revolving borrowers rather than transactors has been a strong driver of its underlying profitability.
The company has said that its brand has allowed them to grow accounts, add accounts at lower cost than others in the industry. And it is -- it has added other products, in both personal lending and student loans to leverage that leading brand.
John Greene, the CFO, is with us. He joined Discover in September 2019. He had been a CFO in a publicly traded biotech company and then a number of CFO roles at Willis Group, HSBC and other companies in the financial services industry.
So this will be a fireside chat. And we're going to go straight
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