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A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles...
CNN Business via Yahoo Finance Canada· 15 hours agoFifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer...
Fifth Third is fined by US CFPB over fake bank accounts, auto repossessions
Reuters via Yahoo Finance Canada· 20 hours agoFifth Third Bancorp will pay $20 million in civil fines and offer redress to 35,000 harmed consumers...
Germany's top landlord predicts more casualties as property crash bites
Reuters via Yahoo Finance Canada· 16 minutes agoGermany's real estate industry, already in its third year of turmoil, faces more pain ahead as...
US watchdog to fine Fifth Third $20 million over fake accounts and auto insurance
Reuters via Yahoo Finance Canada· 20 hours agoThe U.S. Consumer Financial Protection Bureau also said it would order Fifth Third to pay redress to...
Bank of Canada's June rate cut was like bringing a butter knife to a gunfight
Financial Post· 6 days agoWith national home prices treading water, real estate inventory growing and housing affordability...
Fifth Third Bank settles CFPB forced auto loan insurance case for $5M
Automotive News· 14 hours agoAccording to the CFPB's July 9 consent order, Fifth Third required auto borrowers to protect the financed vehicle — the loan's collateral — with physical damage insurance. If the customer lacked ...
Fifth Third fined $20M over fake accounts, auto repossessions
Banking Dive· 18 hours agoThe CFPB is also banning the lender from setting sales goals that incentivize employees to open unauthorized accounts. “The CFPB has caught Fifth Third Bank illegally loading ...
China’s consumer inflation misses forecasts in June amid anemic demand
The Globe and Mail· 25 minutes agoThe consumer price index (CPI) in June rose 0.2 per cent from a year earlier, against a 0.3 per cent...
Anglo American hires banks for coal assets sale, sources say
Reuters via Yahoo Finance Canada· 24 hours agoAnglo American has hired three banks for the sale of its steelmaking coal assets, which analysts...
Why Fifth Third Bancorp (FITB) is a Top Dividend Stock for Your Portfolio
Zacks via Yahoo Finance Canada· 2 days agoDividends are one of the best benefits to being a shareholder, but finding a great dividend stock is...