FISV Stock Draws Attention After Debit Network Sale Buzz: This Analyst Warns Deal Could Face Regulatory Scrutiny
Raymond James flagged concerns that a potential deal to sell Fiserv’s debit card network to major banks would attract significant regulatory scrutiny.
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Fiserv debit network sale skepticism abounds
The payment processor reportedly has considered selling a debit network to one of several banks, but many analysts doubt it will happen.
Major Banks In Talks To Exploit Debit Card Loophole
JPMorgan, Bank of America, Wells Fargo, PNC, and other major banks have reportedly explored acquiring Fiserv's debit-card networks, STAR and
Big US banks explore Fiserv network deal, WSJ reports
The report sent Fiserv's shares up 4.3% in after-hours trading
Why Fiserv Stock Topped the Market Today
It's apparently in talks to sell a major business unit.
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