The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

The Consumer Financial Protection Bureau is accusing the bank of illegally misleading millions of customers about its savings ...

“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts,” said CFPB ...

CFPB says Capital One cheated account holders out of $2.0 billion in interest. The bank holding company denies its allegations.

The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank ...

Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, "What's in your wallet." ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts.The Consumer Financial ...

Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having the $1.95 ...

according to the CFPB news release. Related to the second allegation, the CFPB claims that Capital One obscured that the 360 Performance Savings accounts existed as a separate product with a higher ...

To receive daily news and insights ... and froze the interest rate between 2019 and 2024, the CFPB said. Around the same time, Capital One rolled out an almost identical product, the 360 ...

The suit against Capital One and its parent holding company ... the average savings or money market account,” the CFPB said in a news release Tuesday. In 2019, the bank quietly ceased offering ...