Goldman Sachs Group Inc. said Thursday that regulators are investigating business practices at its credit card unit.

The bank said in a securities filing that the Consumer Financial Protection Bureau is looking into several areas, including how the bank handles customer refunds and resolves billing disputes. The regulator is also looking into Goldman’s advertisements and how it reports consumer information to credit bureaus, the bank said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Toyota, GM Post Slowing U.S. Sales

Major auto makers reported a pullback in U.S. sales for the first…

Presidential candidate in Ecuador assassinated at campaign rally

QUITO — Ecuadorian presidential candidate Fernando Villavicencio was shot and killed Wednesday…

HP Lifts Earnings Outlook Despite Supply-Chain Disruptions

HP offered an upbeat earnings outlook even as ongoing supply-chain disruptions and…

Lawsuit Over Musk Tweets About Taking Tesla Private Headed for Settlement Talks

Tesla is scheduled for court-ordered settlement talks in a shareholder lawsuit over…