Discover's CEO exit has Wall Street worried about whether another shoe will drop

An abrupt exit for Discover Financial Services' chief executive is sending a troubling signal to Wall Street given the credit-card company's regulatory position.

Markets Fall at Midday Amid Interest Rate, Downgrade Worries

U.S. equities dropped at midday on Tuesday, Aug. 15, 2023, amid concerns about China's economy and a surprise interest rate cut by the country's central bank, as well as the possibility of more Fed...

Discover Financial Services (DFS) Stock Falls on CEO Resignation

Discover Financial Services (NYSE: DFS ) stock is falling on Tuesday after the financial services company announced the resignation of its CEO. According to a press release from the company, Roger ...

Discover Financial CEO Roger Hochschild resigns

Discover Financial Services DFS, -0.88% said late Monday that its board has accepted the resignation of Chief Executive Roger C. Hochschild, effective immediately.


Related Companies

Track Institutional and Insider Activities on DFS

Follow Discover Financial Services and customize your updates to receive the information that matters most to you.

Institutional Portfolio Updates

Receive a notification when an Institution or Guru buys or sells DFS shares.

Notify only if

Insider Trading

Get notified when an Discover Financial Services insider buys or sells DFS shares.

Notify only if

News

Receive news related to Discover Financial Services

Track Activities on DFS