Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 13, 2014

 

 

DISCOVER FINANCIAL SERVICES

(Exact name of registrant as specified in its charter)

 

 

Commission File Number: 001-33378

 

Delaware   36-2517428

(State or other jurisdiction

of incorporation)

 

(IRS Employer

Identification No.)

2500 Lake Cook Road, Riverwoods, Illinois 60015

(Address of principal executive offices, including zip code)

(224) 405-0900

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On June 13, 2014, Discover Financial Services announced that its subsidiary, Discover Bank (the “Bank”), reached an agreement with the Federal Deposit Insurance Corporation (the “FDIC”) to resolve previously disclosed matters related to the FDIC’s examination of the Bank’s anti-money laundering / Bank Secrecy Act compliance program. In the consent order, the Bank agreed to, among other things, implement a revised Bank Secrecy Act compliance program. The order does not include civil money penalties. This description of the consent order is qualified in its entirety by reference to the full text of the consent order, which is included as Exhibit 99.1 hereto and incorporated by reference into this Item 8.01.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
No.

  

Description

99.1    Consent Order between the Federal Deposit Insurance Corporation and Discover Bank dated June 13, 2014


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    DISCOVER FINANCIAL SERVICES
Dated: June 13, 2014     By:  

/s/ D. Christopher Greene

      Name:   D. Christopher Greene
      Title:   Vice President, Deputy General Counsel and Assistant Secretary


EXHIBIT INDEX

 

Exhibit
No.

  

Description

99.1    Consent Order between the Federal Deposit Insurance Corporation and Discover Bank dated June 13, 2014