Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to ...
Tag: Bloomberg
Apple Pay, other tech firms come under CFPB regulatory oversight
The top US consumer watchdog will supervise Apple Inc. and other major technology firms that offer digital wallets and payment ...
Fintech EarnIn sued by DC attorney general over 300% rates
Financial-technology firm Activehours Inc., which does business as EarnIn, lures customers in with false promises of an early payday with ...
PNC now plans to spend $1.5B as branch expansion doubled
PNC Financial Services Group Inc. said it will spend $500 million more than originally planned to double its branch expansion ...
BofA says U.S. may take action over money laundering, Zelle
Bank of America Corp. said US regulators may take action against the firm over its efforts to detect suspected money ...
Goldman, Apple to pay $89M after CFPB card probe
Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their ...
US banks prepare for new era of consumer financial data sharing
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a ...
TD will plead guilty to money-laundering charges in NJ court
Toronto-Dominion Bank will plead guilty to money-laundering charges, a US Department of Justice prosecutor said in a Newark, New Jersey, ...
JPMorgan explores taking over Apple card that Goldman wants to ditch
JPMorgan Chase & Co. is in discussions with Apple Inc. about taking over a credit card portfolio that rival Goldman ...
TD chief says probes show need for better staff accountability
Toronto-Dominion Bank employees need to take more accountability and act with more urgency on risks, Chief Executive Officer Bharat Masrani ...
