The approval of Capital One’s (COF +2.5%) acquisition of ING Direct doesn’t provide...

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Rocco Pendola Comments (6119)
 
Not happy about this. I hope they do not make many changes.
15 Feb 2012, 05:20 PM Reply Like

losbronces Comments (386)
 
I have an ING Direct account too. Its just a place to park some cash, but their 0.86% interest beats the 0.01% interest that I get from JPM.

If they try to implement any fees, I'm gone.
15 Feb 2012, 05:33 PM Reply Like

Rocco Pendola Comments (6119)
 
I am with you. Bit of a shame that the government allows this, but not T and T-Mobile. Go figure.

ING is somewhat unique. And they own ShareBuilder too. I could see Capital One screwing things up royally. Hopefully it will not be completely brought into the fold.
15 Feb 2012, 05:36 PM Reply Like

Cillean Holdings Comments (10)
 
I'm with everyone else on this. Very disturbing news. I have a sharebuilder account and a 401 with ING. I told Capitol One a long time ago I would NEVER deal with them again, and I won’t.
I'm wondering what other online brokerage will actively seek the multitudes that will be leaving sharebuilder.
21 Feb 2012, 11:19 PM Reply Like

Rocco Pendola Comments (6119)
 
I received an email from ING today. I assume all customers did because my wife received one as well. They said to expect no changes. Sounds like, for the time being, they'll be run separately.
21 Feb 2012, 11:29 PM Reply Like

Cillean Holdings Comments (10)
 
I have not received any notice from SB to that effect as of yet.
Al
22 Feb 2012, 08:03 AM Reply Like

Cillean Holdings Comments (10)
 
Correction: I did get the email on SB about Capitol One. Doesn't exactly give me the warm & fuzzies though.
22 Feb 2012, 02:07 PM Reply Like