Banking News

• Why is It Worth Holding Humana (HUM) in Your Portfolio?
  
  Banking high on its strong Medicare business and strategic buyouts, Humana (HUM) shows potential to reap benefits for investors, partly offset by high costs.
  Zacks.  Friday, 16 Aug 2019.
• Radian Group (RDN) Okays Share Buyback Program Worth $200M
  
  Radian Group's (RDN) new share repurchase program reflects effective capital deployment backed by solid financial position banking on strong core operations.
  Zacks.  Friday, 16 Aug 2019.
• Digital Banking Is Growing Faster Than Ever: Do Traditional Banks Stand A Chance?
  
  Location, demographics, digital experience and AI will be the core factors in the competitive banking landscape.
  Forbes.  Wednesday, 14 Aug 2019.
• Open Banking Starts With An Open Mindset For Financial Institutions Of All Sizes
  
  Competing in a digital marketplace demands more than just infrastructure upgrades -- it requires an overhaul of organizational culture.
  Forbes.  Wednesday, 14 Aug 2019.
• UK lender trials voice banking with Google Home
  
  Customers will set the system up using their online PIN and password.
  CNBC.  Monday, 12 Aug 2019.
• RBS is set to appoint Alison Rose as first-ever female boss
  
  Banking executive Alison Rose, who was once the only woman in the RBS boardroom, will be appointed as the Royal Bank of Scotland's first-ever woman chief executive.
  Daily Mail.  Sunday, 11 Aug 2019.
• Apple Card Release: Should you apply? I-Team reviews benefits, drawbacks
  
  Apple has entered the banking business by offering a new credit card and are starting to take applications this week. It has instant cash-back rewards but how does it really compare to other cards with reward programs?
  ABC News.  Friday, 9 Aug 2019.
• Goldman Sachs vice chair and 16 other execs hit with fraud charges in Malaysia
  
  South African Richard Gnodde, Canadian Michael Evans and British banker Michael 'Woody' Sherwood have been charged with fraud in Malaysia.
  Daily Mail.  Friday, 9 Aug 2019.
• HSBC agrees to 300 million euro settlement of Belgian tax case, prosecutors say
  
  HSBC's Swiss private banking arm has agreed to pay nearly 300 million euros ($336 million) to settle a tax fraud case in Belgium, Belgian prosecutors said on Tuesday.
  CNBC.  Tuesday, 6 Aug 2019.
• Capital One data breach: What you can do following the banking hack - CNET
  
  The latest banking data breach exposed the records of almost 106 million people.
  CNET.  Friday, 2 Aug 2019.
• These 5 cities are at risk for housing crashes this year
  
  A new GoBankingRates study released Tuesday identified dozens of vulnerable cities where underwater mortgages are on the uptick.
  Inman.  Friday, 2 Aug 2019.
• Capital One data breach: Arrest after details of 106m people stolen
  
  Customers in the US and Canada were hit by one of the largest data breaches in banking history.
  BBC News.  Tuesday, 30 Jul 2019.
• Fed's Next Move After Expected Rate Cut Far From Clear
  
  U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago.
  Newsmax.  Monday, 29 Jul 2019.
• Noel Edmonds reaches compensation deal with Lloyds over scam
  
  The TV star says his former business was destroyed in a banking scam a decade ago.
  BBC News.  Saturday, 27 Jul 2019.
• Why Walmart, eBay and others are banking on Amazon Prime Day
  
  Rivals to Amazon are hitching their sales to the two-day Prime Day event -- and there's evidence it may pay off
  CBS News.  Monday, 15 Jul 2019.

Banks News Headlines and News Summaries