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

Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally avoiding the payment of more than $2 billion in interest to consumers who held its ...

The Consumer Financial Protection Bureau says millions of customers lost out on $2 billion in interest payments.

The Consumer Financial Protection Bureau alleged the bank misled some of its customers by not paying them the rate it ...

However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the ...

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 ...

Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), ...

The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank said it would fight the suit, which comes just days before the Trump ...

FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a ...

But instead, the CFPB alleges, Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created "360 Performance ...