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On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country while ...
Adding to Capital One's woes, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the bank on January 14, 2025. The CFPB alleges that Capital One engaged in deceptive practices ...
The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings. The ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating" customers out of more than $2 billion in lost ...
At issue is Capital One’s marketing of the “360 Savings” account that used words as “one of the nation’s” “top,” “best,” and “highest” to describe the interest earned from it.
Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. [2]
Despite the drama-filled week, Capital One's stock has managed to climb. Shares rose by 2% on Friday, bringing their weekly surge to almost 10%. The stock was trading at about $192 a share on ...
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