"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...

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

We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...

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

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, ...

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

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.