Morning Interest
CURATED BYPaul Ivinskas

Topics

People moves

Executive hires, departures and successions at issuers, lenders, fintechs and regulators.

7 items in 7 issues, Nov 1, 2026 to Nov 9, 2026, newest first. Each item links to the issue it ran in, where its sources are listed.

Related: Regulation and policyPayments and networks

November 2026

  • Mon, Nov 9 · People moves

    PNC CFO. PNC named Alex Overstrom, its retail banking chief since 2022, chief financial officer effective March 1, 2027. Rob Reilly, CFO for 13 years, becomes executive vice chair and senior adviser to CEO Bill Demchak, and PNC said it will name a new retail head soon.

    Read in the issue →
  • Sun, Nov 8 · Company spotlight: Affirm, part 2

    Summer. Canada's CPP Investments renewed its forward-flow commitment in June at $1.7 billion, expandable to $2.2 billion, and Affirm more than doubled its revolving credit facility to $675 million. Stripe opened Affirm to U.K. merchants, and in August Affirm named former CFO Michael Linford president alongside Libor Michalek.

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  • Sat, Nov 7 · Credits

    Swipe-fee bill stalls. The Credit Card Competition Act loses both of its lead Senate sponsors next year, with Sen. Roger Marshall defeated and Sen. Dick Durbin retiring. Backers may try to attach it to lame-duck spending bills, but the odds look long.

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  • Fri, Nov 6 · Policy & enforcement

    Swipe-fee bill. The Credit Card Competition Act loses both lead Senate sponsors next year, with Sen. Roger Marshall defeated and Sen. Dick Durbin retiring, and Durbin has handed the effort to Sen. Peter Welch. Backers may try to attach it to lame-duck spending bills, but a convenience-store lobbyist gave it only "as good a shot as many other things to move."

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  • Thu, Nov 5 · People moves

    CFO exits. FIS named Alex Brooks interim CFO after James Kehoe's exit and sold a prepaid business for $100 million. At Toast, CFO Elena Gomez will leave at year-end, and Michael Senno takes the role.

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  • Wed, Nov 4 · Earnings

    FIS. Fidelity National Information Services shares fell about 17% before the open; the company, a top processor for banks and card issuers, paused buybacks to pay down debt from its issuer-processing purchase, now FIS Total Issuing Solutions, and CFO James Kehoe steps down Nov. 5. Third-quarter adjusted EPS of $1.61 on about $3.5 billion in revenue was in line with forecasts.

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  • Sun, Nov 1 · Also this week

    Amex risk chief. Amex named Jodi Richard, U.S. Bank's chief risk officer since 2018, as chief risk officer and head of global risk and compliance, effective Jan 25, 2027, reporting to CEO Stephen Squeri. It follows a $350M civil penalty and Fed and OCC actions this month over anti-money-laundering failures; current CRO Doug Tabish moves to run enterprise shared services.

    Read in the issue →