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

Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...

Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...

Citi is an advertising partner. The Citi Double Cash® Card and Costco Anywhere Visa® Card by Citi both offer appealing cash-back rewards. However, the way you earn and redeem rewards with each ...

It seems obvious that removing such risk would encourage people to make reckless financial decisions – to everyone except President Biden's Consumer Financial Protection Bureau (CFPB.) ...

Parsons took over as chair of Citigroup in February 2009 as the bank was reeling from the 2008 financial crisis. He had been on the board since 1996, but took the chair role shortly after its $ ...

Richard D. Parsons, a longtime banking executive who took the helm of Time Warner during a troubled time for the communications company and who helped Citigroup navigate the financial crisis ...

The CFPB’s circular highlighted various ways that credit card companies could violate federal law: Devaluing of Earned Rewards. Hiding the Conditions for Earning or Keeping Rewards. Fine print ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

"The new administration can & should nullify this overreach, but we must go further: this latest gambit of the CFPB is just a symptom of a deeper (and unconstitutional) cancer of unelected ...

It’s bad for banks, and especially for their low-income customers. The CFPB rule, finalized this month, applies to commercial banks and credit unions with more than $10 billion in assets.