Discover Financial Services at Sanford C Bernstein Strategic Decisions Conference Transcript

Jan 22, 2024

Jun 03, 2022 / 12:00PM GMT
Brian Foran -

All right. Let's hit the ground at the top of the hour. So delighted to have Discover and Roger Hochschild, CEO, to kick us off on Friday morning here, the third day of our conference. And Roger, I always appreciate your support and participation. So thank you for being here. I know it was a little bit of a hike with travel.

Questions and Answers:

Brian Foran -

Maybe to start, a couple of questions on strategy and competitive positioning. You began life as a card company. You've obviously made a lot of efforts to diversify in a lot of areas: funding, other parts of lending.

How do you think the investor community should think about Discover's business model? Are you a card company or are you a diversified financial? How would you position yourself, to start?

Roger Crosby Hochschild - Discover Financial Services - CEO, President & Director

Thanks, and great to be here. The -- I guess, I'd say, Discover is positioned to be the leading direct bank, which I find incredibly exciting. Certainly, we've

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