Bank Employee Fraud Highlights Systemic Data Security Failures
A TD Bank employee's involvement in a nearly $500,000 check fraud scheme, using stolen customer data, reveals a pattern of bank employee fraud and inadequate data security, prompting calls for stronger regulation and oversight.
Bank Employee Fraud Highlights Systemic Data Security Failures
A TD Bank employee's involvement in a nearly $500,000 check fraud scheme, using stolen customer data, reveals a pattern of bank employee fraud and inadequate data security, prompting calls for stronger regulation and oversight.
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56% Bias Score
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
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48% Bias Score
UBS Upgrades Capital One and Discover Following $35.3B Acquisition
UBS analyst Erika Najarian upgraded Capital One and Discover to "buy" following Capital One's $35.3 billion acquisition of Discover, expecting significant earnings growth and increased operating efficiency, closing in early 2025, creating a vertically integrated payments platform.
UBS Upgrades Capital One and Discover Following $35.3B Acquisition
UBS analyst Erika Najarian upgraded Capital One and Discover to "buy" following Capital One's $35.3 billion acquisition of Discover, expecting significant earnings growth and increased operating efficiency, closing in early 2025, creating a vertically integrated payments platform.
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48% Bias Score
Capital One Stock Rises on Discover Acquisition, Despite Rising Charge-Offs
Capital One's stock has risen 36% since early 2024, exceeding the S&P 500's performance, largely due to investor optimism surrounding its acquisition of Discover Financial, a deal expected to close in early 2025; however, rising charge-offs and delinquencies present a short-term risk.
Capital One Stock Rises on Discover Acquisition, Despite Rising Charge-Offs
Capital One's stock has risen 36% since early 2024, exceeding the S&P 500's performance, largely due to investor optimism surrounding its acquisition of Discover Financial, a deal expected to close in early 2025; however, rising charge-offs and delinquencies present a short-term risk.
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36% Bias Score
CFPB Sues Capital One for Allegedly Deceiving Consumers on Savings Account Interest Rates
The CFPB is suing Capital One for allegedly misleading consumers about savings account interest rates, resulting in over \$2 billion in lost interest; Capital One denies the allegations.
CFPB Sues Capital One for Allegedly Deceiving Consumers on Savings Account Interest Rates
The CFPB is suing Capital One for allegedly misleading consumers about savings account interest rates, resulting in over \$2 billion in lost interest; Capital One denies the allegations.
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56% Bias Score