Big doesn't necessarily mean risky, Capital One Financial (COF +1.4%) tells regulators during...

|About: Capital One Financial Corpo... (COF)|By:, SA News Editor
Big doesn't necessarily mean risky, Capital One Financial (COF +1.4%) tells regulators during the first of three Fed hearings reviewing the proposed takeover of ING's U.S. online banking portfolio. Consumer groups at the hearing say the deal would create a systemically risky giant with an overly concentrated and interconnected credit card business.