Pfizer explores a sale of its hospital drugs unit: The move was spurred by activist investor Starboard Value, which has put pressure on Pfizer to reduce its debts after taking a $1B stake in the company.

Six banks made Interbrand’s top brand ranking for their financial performances, influence, and brand strength.

The reputational damage could make issuers wary of taking on the card as they look for a new partner

Though most experienced drops in profit, big banks’ investment banking income helped them beat analysts’ expectations.

The card will expand Barclays’ presence in the US credit card industry and help diversify its card volume

We explore how leading financial services companies are using it to improve efficiency and the customer experience.

Though still in draft form, the new framework can help banks navigate the next steps for safely incorporating the technology.

The issuer wants concessions from Apple to protect it from some of the issues Goldman Sachs has dealt with

Financial institutions that have relied on the platform to reach young consumers must come up with a Plan B—or face losing brand awareness.

If approved by regulators—and that’s a big “if”—this merger could change what large lenders consider possible

This highlights the popularity of the credit card’s investment feature and should continue to bring in more cardholders

Banks’ top priority in H2 2023 will be growing their customer bases. The result? Better messaging and targeting, stronger digital capabilities, and industry consolidation. At the same time, generative AI will start driving meaningful efficiencies.

Recurring payments for Apple Cash can boost engagement and lure new users.

The SEC stepped up its crackdown on crypto after filing civil charges against Coinbase and Binance.

After a challenging Q1, PayPal looks to be shifting its strategy to focus on high-growth areas. Business areas like Xoom might not fit.

GreenSky may be an attractive acquisition as consumers rely more on BNPL for essential purchases

Bumper profits, struggling investment banks, and swelling customer deposits were all themes in banks’ Q1 earnings.

It partnered with Goldman Sachs to offer 4.15% APY. With consumers switching accounts faster than ever, Big Tech could be a real threat to the financial sector.

Banks are under pressure to slash costs amid weak dealmaking. Citi is cutting jobs but also spending big in a strategy shift.