Discover Considers Possible Sale Of Its Student-Loan Arm
Portfolio Pulse from Benzinga Newsdesk
Discover Financial Services is reportedly considering the sale of its student loan division, according to Bloomberg. The move is part of a broader strategy to focus on its core credit card and online banking businesses.
September 15, 2023 | 1:42 pm
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Discover Financial Services is considering selling its student loan division. This could potentially impact the company's stock as it indicates a strategic shift towards focusing on its core businesses.
The potential sale of Discover's student loan division indicates a strategic shift in the company's focus. This could potentially impact the company's stock as investors react to the news. However, the exact impact will depend on the details of the sale and the company's future plans for its core businesses.
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IMPORTANCE 75
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