Synchrony's Loan Growth Has Slowed but Credit Costs Will Likely Improve in 2025
Synchrony Financial partners with retailers and medical providers to offer promotional financing as well as private-label and co-branded general-purpose credit cards. While the company’s CareCredit ...
Wells Fargo exits consent order. Is more regulatory progress coming?
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
Wells Fargo's Regulatory Burden Eases Further as CFPB Terminates 2022 Punishment
(Reuters) -Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having ...
M&A And Regulatory Change Have Transformed Capital One's Outlook And Valuation
Capital One posted a messy fourth quarter, with less top-line growth than many peers. Read more to see why I rate COF stock a ...
CNET5d
CashApp Customers Could Get a Refund for Fraud Protection Failures After CFPB Ruling
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users ...
JD Supra5d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
American Banker5d
Why Democrats are still in charge of the CFPB and OCC
Experts say the Trump administration is waiting for Scott Bessent to be confirmed as treasury secretary and for other ...
NerdWallet5d
CFPB Rule Would Help Medical Debtholders: Who Are They?
People in this impacted group could see their credit scores jump by 20 points, according to the CFPB. With this new ruling ... those with no medical expenses. One factor that seems to mitigate ...