The Consumer Finance Protection Bureau on Friday dropped its lawsuit against Comerica Bank (NYSE ... In its lawsuit, the CFPB accused the Dallas-based bank of disconnecting 24 million service ...

A spokesperson for Comerica declined to comment. A CFPB spokesperson said the agency was doing its due diligence to work with the bank. In its original suit, the CFPB claimed that the bank had ...

(Reuters) -The U.S. Consumer Financial Protection Bureau, a watchdog agency that the Trump administration has largely closed down, asked a federal court on Monday to issue a stay in its enforcement ...

Legalcategory· December 6, 2024 CFPB sues Comerica Bank over allegations of failing disabled and older Americans Regional lender Comerica Bank faces allegations it systematically mistreated ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after ...

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 ...

Comerica has denied the charges and is countersuing the CFPB. The agency also announced four separate rules, including one limiting bank overdraft fees that was immediately challenged by the ...

The lawsuit is the latest in a slew of actions the CFPB has taken against companies for mishandling consumer and worker financial accounts. The bureau previously sued Comerica Bank over ...

The Consumer Financial Protection Bureau sued the operator of Zelle and three of the country's largest banks — JPMorgan Chase (NYSE:JPM), Bank of America ... "The CFPB’s headline grabbing ...

The regulator says that the banks—Bank of America, JPMorgan Chase and Wells Fargo—allowed fraud to run rampant on Zelle and failed to put safeguards in place to protect users. Find out more: ...

In fact, JPMorgan said in August that it was considering litigation against the CFPB if the regulator sought to punish the bank for its role in the Zelle network. The CFPB wants to force banks to ...