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

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 (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.

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’ consumers of more than $2bn in interest payments on savings accounts.

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...

The CFPB lawsuit, filed Tuesday in the U.S. District Court for the Eastern District of Virginia, comes some two months after the $486 billion-asset Capital One (NYSE: COF) disclosed that it had ...

CFPB says bank kept depositors in dark about higher rates Bank allegedly froze rate at 0.30%, other depositors got 4.35% Capital One disagrees with claims, says it was transparent Jan 14 (Reuters ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after ...