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13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial ... will save consumers $5 billion a year in bank fees New CFPB rule aims to make switching banks easier by requiring ...
The sweeping rule immediately drew a legal challenge from bank trade groups. The CFPB said in a final rule issued Thursday, that it will reclassify overdraft fees as loans subject to interest rate ...
Some banks and banking trade groups are suing the Consumer Financial ... according to data from the CFPB and bank public ...
In recent months, trade groups representing banks of all sizes, including the American Bankers Association, the Independent Community Bankers of America and the Bank ... to sue the Fed and other ...
Currently, credit card and bank companies ... go wrong," CFPB Director Richard Cordray said in a statement. "These clauses allow companies to avoid accountability by blocking group lawsuits ...
Bank of America ... an analyst with TD Cowen Washington Research Group, said in a report, pointing to the CFPB's allegations. "It also permitted the registration of emails that were impersonating ...
You can file a complaint against a bank using an online CFPB complaint form ... Comptroller of the Currency has a customer assistance group that ensures consumer complaints about financial ...
While banks have cut back on overdraft fees in the past decade, the nation's biggest banks still take in roughly $8 billion in the charges every year, according to data from the CFPB and bank ...