Quote:
Originally Posted by megatron
Wasn't ING Direct USA bought by Capital One this year as well?
Why are the Dutch parent selling off it's subsidiaries?
I hope the customer service, web presence, etc. stays the same (or improves).
|
In simple terms, the Dutch government wanted them to split their investment and banking operations as it creates a conflict of interest and a multitude of other regulatory issues.
Great move by Scotia.