CFPB fines Santander $11.8M over misleading insurance, loans

Source: Dukascopy Bank SA
Santander Consumer USA is likely to pay $11.8M to settle claims that the company misled customers about the terms and cost of auto insurance and loans, the US consumer watchdog stated.
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Wed, 21 Nov 2018 04:26:47 GMT

US banking sector reveals $62B profit in Q3

The US banking sector reported $62B in profits in the Q3, up 29.3% from the same period in 2017, according to the quarterly statament released by the FDIC.

Wed, 21 Nov 2018 03:07:21 GMT

US business borrowing for equipment increases 6% in October

The US companies' borrowing to spend over capital investment grew 6% in October from a year before, as the firms signed up for $8.9B in new loans, the ELFA stated.

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