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

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

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

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

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

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

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

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

Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal ...