The Consumer Financial Protection Bureau has filed a lawsuit against a New York debt collection firm that sues on behalf of creditors including Discover...
The Consumer Financial Protection Bureau has filed a lawsuit against a New York debt collection firm that sues on behalf of creditors including Discover Financial Services DFS, -0.64% and Citi C, -0.71% for filing collection lawsuits against consumers without meaningful attorney involvement.
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CFPB launches review of regulations limiting overdraft feesThis comes at a time when Democratic Congress is taking a closer look at banking industry practices. The industry made more than $11.5 billion in overdraft fees last year.
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In credit-repair crackdown, CFPB remembers its job is to protect consumers.Davidlaz writes: 'The Consumer Financial Protection Bureau, under the Trump administration, has been a consumer watchdog in name only. So it’s news that the bureau is once again doing its job.'
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Trump appointee, whose past blogs on race sparked backlash, resignsThe senior CFPB official, Eric Blankenstein, has been operating under a cloud since September, when The Post reported on blog posts he had written more than a decade ago.
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Education Department hinders policing of student loans, consumer agency saysThe head of the CFPB says the Education Department is standing in the way of information that regulators need to oversee the nation’s largest student loan servicing companies
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CFPB launches review of regulations limiting overdraft feesThis comes at a time when Democratic Congress is taking a closer look at banking industry practices. The industry made more than $11.5 billion in overdraft fees last year.
Read more »
In credit-repair crackdown, CFPB remembers its job is to protect consumers.Davidlaz writes: 'The Consumer Financial Protection Bureau, under the Trump administration, has been a consumer watchdog in name only. So it’s news that the bureau is once again doing its job.'
Read more »
Lyft's electric Citi Bikes in New York will reportedly be offline until at least SeptemberLyft pulled the pedal assist bicycles in March after some users experienced injury-inducing brake issues.
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EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX riggingBarclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a com...
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A little-known HFT firm started using its cutting-edge tech to help investors execute big trades, and one client says it 'outperformed the market by a noticeable margin'Potamus Trading scrapped its proprietary trading business in 2018 and now serves as a broker for large investors.
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