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

US-based bank Capital One is facing legal proceedings from the US Consumer Financial Protection Bureau (CFPB) for ‘cheating’ ...

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

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

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

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose. By Rob Copeland The advertisement from Capital One had many ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...

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

Capital One said in a statement that it’s “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.”“ ...

According to the lawsuit, Capital One prohibited employees from proactively telling 360 Savings account holders about 360 Performance Savings. The CFPB’s lawsuit alleges: Capital One violated ...

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