Appeared on July 12, 2011
David Becher, Ph.D., associate professor of finance, was quoted in a Delaware First article on the future of ING Direct in Delaware. “You could argue that as there is not a lot of direct overlap and given the size of ING Direct, there would not be a need for a large cut in workforce,” Becher says. “The CEO stated that the company expected ‘modest’ cuts. Further, ING has a very loyal customer base so Capital One will need to be very careful not to do something that causes a lot of customer turnover.”