Fairbank expects Fed to approve Capital One's ING deal

09/15/2011 | Reuters

Richard Fairbank, chief executive officer at Capital One Financial, said that he does not expect the Federal Reserve's scrutiny of its proposed deal for ING Direct to delay the purchase. "If you look at the criteria for systemic risk, the answer is no, no, no, no, no on the long list of items," Mr. Fairbank said.

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