1846 ET - Capital One is looking to reignite Discover's slow growth now that the bank has acquired it. Discover's originations and growth have been muted over the past few years as the company tried to dial back credit losses, Capital One CEO Richard Fairbank says. Fairbank plans to lean into some of Discover's products and its highly rated customer service. He sees opportunity in Discover's flagship credit-card product, including its business specifically geared toward students. "It's going to be in the context of a little bit of muted growth at the moment," he says. "I think as we fully get into there, there'll probably be a few areas we'll dial back around the edges." (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 22, 2025 18:46 ET (22:46 GMT)
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