Santander Bank has gotten hit with a $10 million fine by the Consumer Financial Protection Bureau, which contended on Thursday (July 14) that the bank engaged in illegal overdraft service practices. “Santander tricked consumers into signing up for an overdraft service they didn’t want and...
Bank loans to small and medium-sized enterprises in the U.K. are dropping by nearly $145 million every month, according to new analysis from online marketplace lending site Funding Options. The company, which revealed the statistic on Monday (May 23), said recent regulations pertaining to bank...
July 15, 2016
Santander Bank has gotten hit with a $10 million fine by the Consumer Financial Protection Bureau, which contended on Thursday (July 14) that the bank engaged in illegal overdraft service practices. “Santander tricked consumers into signing up for an overdraft service they didn’t want and charged them fees,” said CFPB Director Richard Cordray in announcing […]
