Banking Violations news and trends

CFPB Sues Citizens Bank For Violating Truth In Lending Act

January 31, 2020
Citizens Bank faces legislation from the CFPB.
RBI Boosts Regulatory Actions On Bank Lapses
Bank Regulation // February 18, 2019

Data show that the Reserve Bank of India has been stepping up actions taken against banks for regulatory lapses, as measured over the last two years. Bloombergquint.com notes the accelerated activity comes as the bank set up a division that has been tasked with examining,...

Quick Reads
CFPB Sues Citizens Bank For Violating Truth In Lending Act

January 31, 2020
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth In Lending Act (TILA). It filed the complaint in the U.S. District Court for the District of Rhode Island. Get the Full Story Complete the form to unlock this article and enjoy unlimited […]