Citibank and its subsidiaries have been fined $700m for ... Finally, the bank must also pay a $35m fine to the CFPB’s Civil Penalty Fund.
In November, the Consumer Financial Protection Bureau ordered Citibank to pay a $25.9 million fine for discrimination against members of the Armenian community. The CFPB said Citi employees had ...
The CFPB, among other federal agencies, has been cracking down on the banking sector. Earlier this month it fined Citi $25.9 million in a discrimination case involving the denial of credit cards ...
The consumer watchdog is seeking fines, disgorgement of ill-gotten gains and an order for Experian to stop its alleged misconduct and pay redress to harmed consumers, the CFPB said.
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