Seeking Alpha

With the acquisition of ING Direct, CEO Richard Fairbanks takes Capital One (COF -0.7%) a step...

With the acquisition of ING Direct, CEO Richard Fairbanks takes Capital One (COF -0.7%) a step closer to top-tier banking status. The purchase diversifies the bank's credit-card heavy portfolio, boosts 'sticky' deposits, and brings to it a young, internet-savvy customer base.
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