GE (GE) and Capital One (COF) reportedly submitted bids last week for ING's (ING) U.S. online...

|By:, SA News Editor

GE (GE) and Capital One (COF) reportedly submitted bids last week for ING's (ING) U.S. online bank, with GE offering all cash and Capital One offering a cash-stock mix in a deal that could cost as much as $9B. Sources say an announcement may come later this month.