Capital One (COF) picks up Chevy Chase Bank for $520M in cash and stock, edging out other...

|About: Capital One Financial Co... (COF)|By:, SA News Editor

Capital One (COF) picks up Chevy Chase Bank for $520M in cash and stock, edging out other courters including JPMorgan (JPM), SunTrust Banks (STI) and BB&T Corp. (BBT). Chevy Chase has $15.5B in assets and 244 branches in the D.C. area.