Discover Financial Services at Credit Suisse Financial Services Forum Transcript
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Good morning, everyone. Thanks for joining us. We are very pleased to have with us the management of Discover Financial. Discover has been able to leverage its leading brand to essentially build and grow its revolving credit card book faster than peers and oftentimes with less risk. So its long history has kind of shown that, and it's a function of its proprietary network and proprietary brand. It's allowed us to add accounts at lower cost and at times, including in 2023, to introduce new products that can help expand its reach and into customers-- its customer penetration. John Greene, the CFO, has been with us before. He joined Discover in 2019. Before that, he was CFO of a publicly traded biotech company as well as a publicly traded insurance company and divisional CFO responsibilities at a number of large financial and industrial companies. So we look forward to the discussion. John, welcome.
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