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ING Merger Foes Want Bank Philanthropy Standards

Tue, February 21, 2012 5:53 PM | Tara McMullen-King
Two days after the Federal Reserve Board approved Capital One Financial Corp.'s $9 billion purchase of Netherlands-based ING Groep NV's U.S. online banking division, an advocacy group is calling for tougher standards for considering a banking organization's charitable donations toward its compliance with the Community Reinvestment Act and with new public interest requirements of the Dodd-Frank Act.

http://www.thedeal.com/content/regulatory/ing-merger-foes-want-bank-philanthropy-standards.php

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