The Fed delays a planned meeting on Capital One's (COF +2.4%) controversial bid to buy ING...

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

The Fed delays a planned meeting on Capital One's (COF +2.4%) controversial bid to buy ING Direct USA (ING +0.3%), rescheduling it to Monday without explanation. COF’s deal caught community groups’ attention and dragged up concerns about banks getting too big, given its ING bid is the biggest bank deal since the financial crisis.