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

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.

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

Capital One (COF) , one of the largest banks in the U.S. with over 100 million customers, recently saw a boost in profits.

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

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

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The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...