The deal spread in Capital One's ( NYSE: COF) planned $35 billion acquisition of Discover Financial ( DFS) widened on ...
Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out ...
Tuesday's lawsuit seeks civil fines ... of filing eleventh-hour lawsuits ahead of a change in administration," Capital One said in a statement. "We strongly disagree with their claims and will ...
Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
In a research note, TD Cowen analyst Jaret Seiberg said the CFPB lawsuit should not affect Capital One's proposed $35.3-billion purchase of credit-card rival Discover Financial Services (DFS.N ...
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose. By Rob Copeland The advertisement from Capital One had many ...
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Capital One lawsuit reveals how bank customers can get smart and get their money’s worthA new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up and get the most out of their deposits, experts say. Bank customers who ...
In the lawsuit, the U.S. government’s consumer watchdog agency accused Capital One of freezing its 360 Savings account’s annual percentage yield (APY) at a low level as rates rose nationwide ...
The lawsuit relates to a change Capital One made in the era of low rates, which The Wall Street Journal previously reported on.
(RTTNews) - The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, Capital One Financial Corp., alleging that the company ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...
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Capital One Sued by CFPB Over Its Savings AccountsThe Consumer Financial Protection Bureau is suing Capital One, alleging the bank misled some of its customers by not paying them the rate it advertises on its main savings account. The lawsuit ...
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