"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.

A “technical issue” of a third-party vendor that Capital One uses is affecting some of the bank’s customers to access deposits and other services.

"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.

FIS Global, the Capital One service provider involved, said it has "restored access" and processing should be done Friday.

The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan. "They've got a new administration with a new set of fiscal policies,

A service disruption continues to hamper customers of Capital One, with some frustrated that they are unable to see their deposits. As of 8:04 a.m.

The issue is reminiscent of a troubles reported by some 5,000 Bank of America customers in October, some of whom logged into accounts showing $0 balances. Capital One's technical issues add to a ...

Capital One Financial Corporation (NYSE:COF) has been making waves in the financial services industry with its recent strategic moves, most notably the planned acquisition of Discover Financial Services (NYSE:DFS) announced in February 2024.

Our fair value estimate for Capital One is sensitive to expectations for net interest margins, credit card receivable growth, and how well the company manages its noninterest expenses. Additionally, net charge-offs projections are a key driver of our fair value estimate, particularly for the bank's lucrative credit card loans.

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