After two delays, the Federal Reserve Board voted 5-0 to approve the deal that will create the fifth-largest US bank with deposits amounting to about $82 billion. The sheer potential size of the institution had provided fodder to opponents, which contended that another "too-big-to-fail" institution would be created by the merger. The Federal Reserve has asked Capital One to boost its internal risk monitoring due to the size, complexity and diversification of the business lines that will be entailed by the deal. Capital One said that it would move swiftly to close the deal, possibly within a few days. It will also add several hundred high-paying jobs in the range of over $100,000 a year. The chairman and CEO of Capital One said that the ING deal will strategically transform things that had not happened before in the company. It will also prove to be an inexpensive way for the company “to become a national player in banking”.