[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

Stock Market News

Discover sells student loan portfolio for up to $10.8 billion

07/17/2024

Less than a minute

2024.07.17 08:40

Discover Financial Services (NYSE:) said on Wednesday it had sold a private student loan portfolio for up to $10.8 billion to private equity firms Carlyle and KKR.

The company, which had been weighing a sale of the portfolio since November last year, is one of a handful of lenders that have exited the space in recent years.

The deal is expected to be completed by the end of 2024, Discover said.

Source link

07/17/2024

Less than a minute