With the Federal Reserve eying changes to its annual examination of large bank resilience, this year's test could be the last ...
When the Federal Reserve started its rate hikes, Capital One only raised rates on the 360 Performance Savings accounts. Those accounts today pay a rate of 3.8%. The older accounts pay 0.5% ...
After the Federal Reserve started raising interest rates in 2022, Capital One adjusted rates only for the Performance accounts, federal regulators allege. The bank kept the 360 Savings rate fixed ...
If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit ...
Capital One’s $35.3 billion acquisition of Discover could close as early as February. It has the potential to reshape the ...
For years, Capital One held interests artificially low in the high-yield product, to 0.30 percent annually last summer, for instance, even as the Federal Reserve raised rates above 5 percent.
Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
Capital One Financial Corp. has been hit with a lawsuit ... The gap between the two accounts began to widen substantially when the Federal Reserve started raising the federal funds rate to its ...