Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...

Capital One was sued by the Consumer Financial Protection Bureau ... The lawsuit comes at a time when savers have benefitted ...

If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return ...

The watchdog said Capital One promised customers that their popular 360 Savings account provided one of the 'top' and ...

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

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

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

WASHINGTON, Jan 17 (Reuters) - The U.S. Federal Reserve announced on Friday it had ... Has covered economic and financial policy in the U.S. capital for 15 years. Previous experience includes ...

Federal Reserve Chairman Jerome Powell will likely ... The plaintiffs said they “do not oppose stress testing or capital requirements” and applauded the central bank’s announcement.

He is a professor of economics and has raised more than $4.5 billion in investment capital ... listed as one of the Enumerated Powers of Congress. Critics also argue the Federal Reserve Bank ...

The Fed, of course, is always one to play up its independence from the White House. What has unnerved the markets to start 2025 is the Federal Reserve ... on the capital requirements front.

The federal government’s consumer watchdog claims Capital One’s practices meant millions of customers missed out on a collective $2 billion they could have made in interest payments.