About Business
Discover Financial Services is a publicly traded American company that provides financial services and owns Discover Bank. It was founded in 1985 by Sears and is based in Riverwoods, Illinois, U.S. This bank provides various services, including personal loans, savings accounts, credit cards, and student loans. It is also the largest credit card company in the U.S. and serves over 50 million customers. Sears, the founder of Discover Financial Services, acquired Dean Witter Reynolds brokerage firm organization and a real estate franchise to include some customer services along with the previous services. This company also owns some subsidiaries like Diners Club International, Discover Network, Pulse, and Discover Bank.