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Merger Of Capital One And ING Creates New Challenges For Federal Reserve (NYSE: COF) (NYSE: ING)

Opponents of the merger between Capital One Financial Corp and ING Groep will attempt to convince the Federal Reserve that the big bank merger would increase systemic risk in the financial industry.  Capital One is interested in taking over the online banking unit of ING, a deal estimated to be worth $9 billion.  The Federal Reserve will be holding three nationwide hearings on the deal. Some observers... 
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