Fed Will Decide On Capital One Deal 'soon'

The Federal Reserve Board considered Capital One Financial's $9 billion plan to buy ING Direct USA and expects to release a decision soon.

BING NEWS:
  • Warren warns OCC, Fed of ‘malfeasance’ on Capital One-Discover
    The incoming Senate Banking Committee ranking member blasted two regulators for failing to update bank merger guidelines as thoroughly as the FDIC and Justice Department.
    12/20/2024 - 6:10 am | View Link
  • Bank regulators approve merger between Capital One and Discover
    One of the final regulatory hurdles has been completed in merging Capital One and Discover, two of the largest credit card issuers in the country.
    12/19/2024 - 1:16 pm | View Link
  • Future economic indicators will decide Fed’s next steps: UBS
    The Federal Reserve’s next steps on interest rates will be guided by economic data, according to a report by UBS. While the major global markets reacted negatively to the change in rate cut cycles by ...
    12/18/2024 - 6:32 pm | View Link
  • The Fed is likely to cut by 25 bps again, but prepare for a slower pace of cuts next year
    The Federal Open Market Committee meets again on Tuesday and Wednesday to decide what, if anything, it needs to bring down U.S. inflation to its 2% goal, while preserving the relatively strong labor ...
    12/17/2024 - 4:49 am | View Link
  • DC Council to decide on Downtown Arena Revitalization Act amid community concerns
    The D.C. Council unanimously approved the Downtown Arena Revitalization Act Tuesday, a move that allows the city to purchase Capital One Arena from Monumental Sports & Entertainment.Monumental CEO Ted ...
    12/16/2024 - 9:37 pm | View Link
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