Well… I read it. And I’ve gotta say, that sounds like a blatant violation of Regulation Y, the requirement that bank holding companies engage only in, “The business of banking.” There are lots and lots of activities that fall under that umbrella, but enterprise B2B software sales isn’t one of them.
CapOne may be too big to fail, but it’s not too big to receive a C
CapOne may be too big to fail, but it’s not too big to receive a C