Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says - MarketWatch
1. Capital One allegedly deceived customers about a savings program. 2. The CFPB claims $2 billion in customer losses due to misleading information. 3. Federal lawsuit addresses trust issues in banking sector. 4. Regulatory scrutiny could lead to broader banking reforms. 5. CFPB urges banks to provide transparent deposit offerings.