Synchrony at strategic crossroads after losing Walmart deal


The Stamford, Conn., issuer of store credit cards has two potential options after the retail giant chose to partner with Capital One. But the decision over which path to take is out of its hands.


Solomon faces big challenges; Morgan Stanley crushes estimates


Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.


Citi buys $1.5B L.L.Bean credit card portfolio from Barclays


Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.


Stress test recap; Payments deal near


Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution.


Fifth Third expects $200M gain from sale of Worldpay shares


The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.


Fed may change stress test grading; Amex wins


Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards.


CCARs should go smoothly; SEC nomination expected


No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel.


Digital Banker of the Year: Fifth Third’s Tim Spence


What does holistic digital transformation look like? Tim Spence is busy figuring that out.


Another fine mess for Wells; PayPal to buy iZettle


Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.


Another black eye for Wells; Visa female execs to meet with CEO


The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company “bro” culture hinders their advancement.