Capital One Cites Money-Laundering Review in Trump Account Suit
#CapitalOne #TrumpOrganizationCapital One moved to dismiss the Trump Organization lawsuit, citing months of anti-money-laundering review, not Jan. 6 retaliation, for closing 385 accounts. The bank asserts contractual discretion, while Trump firms allege political motives and fraud. read more
Capital One Cites Money Laundering Rules in Trump Account Closures
#CapitalOne #TrumpOrganizationCapital One linked its closure of over 300 Trump Organization accounts to anti-money laundering reviews, citing federal guidance. The Trump family sued, alleging political bias, but the bank dismissed claims as cherry-picked. This marks a first public bank connection. read more
Capital One Tech Outage Impacts Direct Deposits and Online Services
#CapitalOne #TechOutageA tech outage at Capital One on Thursday has prevented some customers from accessing their direct deposits. The bank confirmed the issue but did not provide an estimated time for full restoration. Customers expressed concerns about covering bills due to the delay. read more