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Account Open Stream National Capital One Joins Bank Big Boys With ING Direct Score
Account Open Stream National Capital One Joins Bank Big Boys With ING Direct Score
Capital One Joins Bank Big Boys With ING Direct Score
Posted by Stephanie Vitacco Thursday, 08 March 2012 17:50 | 0 commentsTrefis Team, Contributor
Capital One recently completed the acquisition of ING Direct USA from the ING Groep. The $9 billion deal, which includes $6.3 billion in cash and 54 million shares, will provide Capital One access to ING Direct’s $80 billion worth deposits and a chance to become a leader in online direct banking. [1]
The real challenge for Capital One lies in retaining ING Direct’s customers and offering them the same level of service.
With the acquisition of ING Direct, Capital One has become the fifth largest consumer bank by deposit behind Bank of America, JPMorgan Chase, Citigroup and Wells Fargo.
See our complete analysis for Capital One
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Last modified on Tuesday, 13 March 2012 11:43
Stephanie Vitacco
Website: www.stephanievitacco.com E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view itStephanie has been selling real estate in the San Fernando Valley, Simi Valley and Santa Clarita Valley of both Los Angeles and Ventura County of California for 20+ years. For 2009 and 2010 Stephanie was ranked #3 and #4 for Coldwell Banker in the Nation. She is highly experienced and a tireless worker.
