Wells Fargo has reported a net income of $4.894bn for the first quarter (Q1) of 2025, marking a rise of approximately 5.93% ...

The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

American Express (AXP) is scheduled to announce Q1 earnings results on Thursday, April 17th, before market open, and ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets forth a safe harbor of $41 for each subsequent violation of the same type ...

The CFPB rule would have affected financial institutions with more than $10 billion in assets. The bureau said in December ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders ...

President Donald Trump’s administration is making deep cuts to the federal agency that oversees financial products such as ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.

In December 2022, the CFPB ordered Wells Fargo to pay $1.7 billion in fines and more than $2 billion in redress and compensation to customers. Fed Chairman Jerome Powell said in 2021 the asset cap ...

Zelle, the popular person-to-person money transferring service, shut down its standalone app Tuesday — but the service itself ...