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Capital 1 cheated customers out of billions, says lawsuit
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
What's In Your Wallet? Suit Alleges It May Be Less Than Capital One Suggested
If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit filed Tuesday by the government's consumer watchdog agency.
Opinion
4d
Opinion
Capital One High-Yield Account Wasn’t
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
2d
on MSN
Capital One lawsuit reveals how bank customers can get smart and get their money’s worth
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 ...
2d
The 3 Best Bank Stocks to Buy for 2025
Investors received good news with lower inflation rates and potential deregulation, making bank stocks like GS, BK, C, and ...
2d
Orchid Island Capital: Beware The High Yield Trap
Orchid Island Capital attracts investors with a high yield but traps them with capital losses due to a declining share price, ...
1h
on MSN
PORTAGE ROUNDUP: A fatal crash, capital gains and budgeting
The crash occurred around 10:50 a.m. on Jan. 15 when a westbound pickup truck crossed the centre line, forcing an eastbound ...
American Banker
4d
2025 banking forecasts: Taming the CFPB and Trump's return
Lawsuits challenging the Consumer Financial Protection Bureau's final rule on medical debt are the latest issues facing banks ...
2h
Fewer RBA meetings is a retrograde step, fundie laments
Tim Toohey from Yarra Capital says fewer board meetings will mean less policy agility to react to monetary turning points.
10h
on MSN
What To Expect in the Markets This Week
Donald Trump presidential inauguration, Martin Luther King Jr. Day federal holiday, earnings expected from Netflix, American ...
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