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

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

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

"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.

FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued by the Consumer Financial Protection Bureau (CFPB) for allegedly misleading customers by not notifying them of account options that paid higher interest rates.

Capital One officials are working to fix a website outage that has blocked customers from accessing their funds.

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,

Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's play for an open banking future.

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,

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

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

That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided ... into this bureaucratic black hole, especially one that duplicates the work of other agencies and programs ...