Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out ...

Tuesday's lawsuit seeks civil fines ... of filing eleventh-hour lawsuits ahead of a change in administration," Capital One said in a statement. "We strongly disagree with their claims and will ...

The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...

Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...

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 ...

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

Capital One Financial is being sued by the Consumer Financial Protection Bureau, which has accused the bank of illegally misleading millions of consumers, keeping them from receiving more than $2 ...

In a research note, TD Cowen analyst Jaret Seiberg said the CFPB lawsuit should not affect Capital One's proposed $35.3-billion purchase of credit-card rival Discover Financial Services (DFS.N ...

In the lawsuit, the U.S. government’s consumer watchdog agency accused Capital One of freezing its 360 Savings account’s annual percentage yield (APY) at a low level as rates rose nationwide ...

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 and get the most out of their deposits, experts say. Bank customers who ...

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...