The Consumer Finance Protection Bureau on Friday dropped its lawsuit against Comerica Bank (NYSE:CMA) that had accused the lender of poorly treating enrollees in a Treasury Department program that ...

In its original suit, the CFPB claimed that the bank had failed participants in the "Direct Express" program by disconnecting customer service phone calls and charging illegal fees. The program ...

In the final days of former President Joe Biden's administration, the agency in December had accused the lender of "systematically" failing millions of disabled and older people receiving federal ...

US judge denies CFPB's motion to stay lawsuit against Comerica A federal judge in Texas denied the U.S. Consumer Financial Protection Bureau's motion to stay its lawsuit against Comerica Bank ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday.

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

Comerica has denied the charges and is countersuing the CFPB. The agency also announced four separate rules, including one limiting bank overdraft fees that was immediately challenged by the ...

The CFPB filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts to get paid.

CFPB sues JPMorgan, BofA, Wells Fargo over fraud on Zelle (upated) Dec. 20, 2024 2:21 PM ET JPMorgan Chase & Co. (JPM) Stock, BAC Stock, WFC Stock USB, PNC, TFC By: Liz Kiesche, SA News Editor 28 ...

Three Big Banks Sued by CFPB Over Zelle Scams The agency says JPMorgan, Bank of America and Wells Fargo didn’t do enough to protect users from fraud.

The CFPB said customers of the three banks — JPMorgan Chase, Bank of America and Wells Fargo — have lost more than $870 million since the launch of Zelle in 2017.