Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.

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

It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy positive headlines around stellar fourth-quarter earnings. On Tuesday, the Consumer Financial Protection Bureau sued the bank,

Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,

Neither Capital One nor Discover are in financial distress leading up to the shareholder vote. Capital One topped earnings estimates for 2024’s fourth quarter, and Discover also posted strong results to close out 2024. The companies’ respective financial positions indicate the merged entity will have a clear path to hit the ground running

You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an

Consumers and businesses alike face a growing challenge: navigating unfair practices like hidden fees, unauthorized charges, and biased decision-making. Traditional dispute resolution methods often drag on for weeks or months,

Synchrony Financial (NYSE: NYSE:SYF), a leading consumer financial services company, has demonstrated remarkable resilience in the face of regulatory challenges and economic uncertainties. As of January 30,

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

With Hoosier employees increasingly using payment tools that let them tap earned wages before a regularly scheduled payday, an Indiana lawmaker is proposing a new framework to regulate the “earned

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.

The financial world is bracing itself with the news of Capital One’s ($COF) $35.3 billion all-stock acquisition of Discover Financial Services