Fifth Third, CFPB settlement a positive for bank, analyst says

Date:

Share post:


Fifth Third Bank was fined $15 million by the Consumer Financial Protection Bureau today for allegedly opening fake accounts in their customers’ names from an existing 2020 lawsuit. The Cincinnati-based bank was using a cross-selling strategy to boost the number of products and services it was selling to customers and opening unauthorized accounts to meet […]



https://www.highcpmgate.com/f0c2i8ki?key=d7778888e3d5721fde608bfdb62fd997

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

[Targeted] AmEx Offer: HBO Max, Spend $99.99 & Receive $25 Statement Credit

Update 2/14/25: Deal is back and valid through 5/15/25 (ht MateoHardini) Update 3/11/24: Deal is back and valid...

JAIIB & CAIIB Salary Benefits: The Smartest Way to Boost Your Bank Salary

If you’re a banker looking to increase your salary without waiting years for a promotion, JAIIB &...

JPMorgan’s migration to AWS cloud jumps 10X in 2 years

JPMorgan is migrating its operations to the cloud in with an eye on growth, penetrating new geographies...

Can You Use a Credit Card for a Down Payment on a House?

One of the biggest hurdles to homeownership is the down payment.After all, the typical American has barely...