Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
Capital One was sued by the Consumer Financial Protection Bureau ... The lawsuit comes at a time when savers have benefitted ...
If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return ...
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.
The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank ...
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
That is a key demand by capital providers, so it a key measure of capital market effectiveness. However, the Federal Reserve overrode that need by forcing the safe interest rate level down to 0% ...
He is a professor of economics and has raised more than $4.5 billion in investment capital ... listed as one of the Enumerated Powers of Congress. Critics also argue the Federal Reserve Bank ...
Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.