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Truist Financial (TFC) Names Michael Lyons CEO In Its First Leadership Handover
Simply Wall St.50d agoneutral
Truist Financial (TFC) Names Michael Lyons CEO In Its First Leadership Handover

Truist Financial (NYSE:TFC) has appointed Michael P. Lyons as its new CEO and President. Lyons succeeds Bill Rogers, marking the first CEO transition since Truist Financial was formed. The leadership change places a former Fiserv and PNC executive at the top of the bank, with its shares trading at US$48.48. Truist Financial enters this leadership change with its stock trading at US$48.48 and a one-year return of 28.7%. The company also shows a five-year return of 13.0% and a value score of...

Fiserv (FISV) Stock Valuation After CEO Exit And Activist Pressure
Simply Wall St.50d agoneutral
Fiserv (FISV) Stock Valuation After CEO Exit And Activist Pressure

CEO shakeup and activist pressure put Fiserv (FISV) in focus Fiserv (FISV) is back on investors’ radar after CEO Mike Lyons resigned to lead Truist Financial, with Takis Georgakopoulos taking over as chief executive and joining the board. The leadership change comes alongside ongoing pressure from activist investor Jana Partners and follows Fiserv’s decision to reaffirm its 2026 guidance. This has kept attention on how the new CEO might approach the company’s payment and financial technology...

1 Financials Stock on Our Buy List and 2 We Find Risky
StockStory51d agobullish
1 Financials Stock on Our Buy List and 2 We Find Risky

Financial institutions play a critical role, offering everything from consumer banking to wealth management and specialized financial solutions. But uncertainty about fiscal and monetary policy has tempered enthusiasm, and over the past six months, the industry has pulled back by 1.9%. This drop is a far cry from the S&P 500’s 8.4% ascent.

Fiserv CEO exits after rocky year
Payments Dive51d agoneutral
Fiserv CEO exits after rocky year

The payments giant promoted Co-President Takis Georgakopoulos to the top role Monday as Mike Lyons leaves to return to the banking industry.

Truist taps Fiserv chief Lyons as next CEO
Banking Dive51d agoneutral
Truist taps Fiserv chief Lyons as next CEO

Mike Lyons, who until last year served as president of PNC, starts in his new role at Truist Sept. 1. He replaces Bill Rogers, who will become executive chair through April 2027.

Jana Pressure Puts Fiserv Governance And Asset Mix Under Investor Focus
Simply Wall St.54d agoneutral
Jana Pressure Puts Fiserv Governance And Asset Mix Under Investor Focus

Jana Partners has publicly urged Fiserv (NasdaqGS:FISV) to sell additional non core assets and refresh its board with payments and banking software experts. The activist hedge fund has disclosed a larger stake in the company and is pressing for changes it says could address underperformance. This campaign signals potential shifts in Fiserv's governance, asset mix, and long term priorities that investors will be watching closely. Fiserv operates as a major payments and financial technology...

Private Equity Eyes These 3 Fintech Names as Consolidation Accelerates
24/7 Wall St.55d agoneutral
Private Equity Eyes These 3 Fintech Names as Consolidation Accelerates

Yes, payments fintech is consolidating. Card networks want more control over card issuance, processors are chasing small-business customers, and private equity is hunting for profitable software companies selling at a massive discount from their 2021 peaks. Three beaten-down merchant and small and medium-sized business payments names stand out as plausible takeover targets. No deals have ... Private Equity Eyes These 3 Fintech Names as Consolidation Accelerates

Investing.com56d agoneutral
Truist reshuffles fintech picks, downgrades BILL and upgrades Global-e

Investing.com -- Truist Securities downgraded fintech software company BILL Holdings to Hold from Buy while upgrading cross-border e-commerce platform Global-e Online to Buy, arguing that investors should reposition within the fintech sector as competitive and growth dynamics shift.

Morgan Stanley Maintains Hold Rating on Fiserv (FISV) Stock
Insider Monkey58d agoneutral
Morgan Stanley Maintains Hold Rating on Fiserv (FISV) Stock

Fiserv, Inc. (NASDAQ:FISV) is one of the Best Blue Chip Stocks Under $100 to Buy Now. On June 3, analyst James Faucette from Morgan Stanley maintained a “Hold” rating on the company’s stock and maintained a price objective at $65.00. The analyst’s rating is backed by several factors associated with Fiserv, Inc. (NASDAQ:FISV)’s current positioning and execution outlook. Even […]