ING
ING CEO comments after restructuring plan approved by European Commission
ING announced today that the European Commission has formally approved the restructuring plan submitted by ING. Under European rules, companies that received state support...
EU approves restructuring of Lloyds, ING and KBC banks
The European Commission on Wednesday approved restructuring plans for British bank Lloyds, Dutch counterpart ING and Belgium's KBC bank, all rescued by public bailouts...
Fortis may not have enough capital to afford RBSI
Belgian insurance company Fortis Holding is following the sale of a number of insurance businesses now on the market but may not have enough...
Dutch bancassurer ING to sell its global insurance unit by the end of 2013
Dutch bancassurer ING Groep must sell its global insurance unit by the end of 2013, the consequence of its 10 billion euro ($15 billion)...
ING reports quarterly profit after restructuring
Dutch banking and insurance group ING reported a sharp switch into quarterly profit on Wednesday as it restructured after a government bail-out and said...
Moody’s downgrades ING insurance on corporate split
International ratings agency Moody's said on Wednesday it had downgraded ratings on the insurance business that Dutch group ING intends to split off under...
ING to sell off its insurance operations and to raise €7.5 billion euros to repay government
Dutch banking and insurance group ING said Monday it plans to restructure its business, selling off its insurance operations and raising up to 7.5...
ING announces sale of US reinsurance unit
Dutch banking and insurance group ING said on Friday it had sold its US reinsurance business to Reinsurance Group of America for an undisclosed...
ING to sell Asian Private Banking business to OCBC
ING announced today that it has reached an agreement to sell its Asian Private Banking business to Oversea-Chinese Banking Corporation Limited (OCBC Bank) for...
ING to sell Australian and New Zealand insurance business to ANZ
ING announced today that it has reached an agreement to sell its life insurance and wealth management venture in Australia and New Zealand to...
Philippine’s unit of AIG to buy 51% of Ayala Life
The Philippine unit of American International Group (AIG.N) is acquiring 51 percent of smaller rival Ayala Life Assurance Inc for an undisclosed sum, the...
ING posts 2Q underlying net profit of EUR 229 million
Second Quarter 2009 underlying net profit of EUR 229 million shows improvement from underlying net loss of EUR -305 million in first quarter 2009...
ING To Cut 800 Jobs in the next 3 years
Dutch financial services company ING Groep NV (ING) said Wednesday it will cut 800 jobs over the next three years as part of a...
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