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ING Group News

News on ING Group continually updated from thousands of sources around the net.

15 hrs ago | Bloomberg Business News

ING's Breakup Offers `Rare' Chance for Insurers to Buy in Emerging Markets

ING Groep NVa s decision to split off 12 billion euros of insurance businesses is likely to have competitors jostling for its units in emerging markets on three continents, analysts said.

Comment?

Related Topix: Insurance, Home, Mortgage, Personal Finance, American International Group, 9

Fri Nov 13, 2009

Brand Republic

ING Direct seeks consumer support

Savings bank ING Direct is currently seeking a fresh consumer PR agency. The bank, which has used Band & Brown Communications for four years, has a pitch list of five agencies including the incumbent.

Comment?

Related Topix: Insurance

Thu Nov 12, 2009

Http

ING's insurance units attracting interest

ING Group's decision to split off its insurance business is attracting a lot of interest and a decision about these units could come as early as the end of year, the company's chief executive said Wednesday.

Comment?

Related Topix: Insurance, Des Moines, IA, Des Moines Metro

MarketWatch

ING banking, insurance arms return to profit

ING, the Dutch group that has been pressed to split up by European regulators, said Wednesday that both its banking and insurance arms returned to profit in the third quarter as the rebound in equity markets helped offset further losses on mortgage-linked investments.

Comment?

Related Topix: Insurance, Home, Mortgage, Personal Finance

Wed Nov 11, 2009

Express India

ING Q3 profit beats Street on strong banking, insurance biz

Press Trust of India Posted: Thursday, Nov 12, 2009 at 2143 hrs IST Updated: Thursday, Nov 12, 2009 at 2143 hrs IST Amsterdam, New Delhi: ING on Wednesday reported 499 million euros profit for the third quarter, as against a net loss of 478 million euros in the year-ago period.

Comment?

Related Topix: Insurance

Business Times

ING swings into the black, says entering exciting phase

THE HAGUE: Dutch banking and insurance group ING reported a sharp switch into quarterly profit yesterday as it restructured after a government bailout and said it was moving into an "exciting" phase.

Comment?

Related Topix: Insurance, Home, Mortgage

Earth Times

ING share value up after announcing 499-million-euro Q3 profit

The share value of Dutch financial services group ING rose by 5 per cent per cent Wednesday following the release of third-quarter results that showed a net profit of 499 million euros .

Comment?

Related Topix: Insurance

SmartMoney

ING Swings to Q3 Net Profit On Investment Market

ING Groep NV said Wednesday that it swung to a third quarter net profit from a loss a year earlier because of improving investment markets and said its restructuring plans are on target.

Comment?

Related Topix: Insurance

Tue Nov 10, 2009

Mydigitalfc.com

ING Life launches new Ulip plan

ING Vysya Life Insurance on Tuesday launched a unit-linked investment solution-ING Flexi Life Plus, which offers flexibility in premium payments.

Comment?

Related Topix: Insurance

Sun Nov 08, 2009

Prague Post

ING plans sale of global assets

Financial services giant ING Group announced last week it will scale back its international operations in order to begin paying back more than 10 billion euros in bail-out money the company accepted last year.

Comment?

Related Topix: Insurance, Czech Republic, Europe, World News

InvestmentNews

Done deal: Former PaineWebber chief Don Marron snares Ing B-Ds

Mr. Marron, who now runs private-equity firm Lightyear Capital, sees a "big opportunity for growth" with his acquisition of three broker-dealers from ING Bloomberg After months of pursuit, Donald Marron finally landed a broker-dealer network, and the former chairman and chief executive of PaineWebber Group Inc.

Comment?

Related Topix: Investment Banking, Financial Services, Insurance, American International Group

Fri Nov 06, 2009

Ticker

ING, Sohu.com Fall; RadioShack Rises

Bank of Hawaii Corp declares dividend. Lorillard, Inc quarterly net edged lower.

Comment?

Related Topix: Insurance, Alberto Culver, Household Products, Banking, Bank of Hawaii, Financial Services, Financial Markets, Suntrust Banks, H1N1 Influenza / Swine Flu, Health

Thu Nov 05, 2009

The Australian

We're not going anywhere, says chief

ING Real Estate was "definitely not" planning to leave Australia, said chief executive Denis Hickey two months after taking on one of the more difficult jobs in the industry.

Comment?

Related Topix: Insurance, Financial Services, Australia and New Zealand Banking Group, Personal Finance, Retirement

Wed Nov 04, 2009

MarketWatch

A wave of insurance assets hit the block

A major shake-up is underway in the insurance industry, with key assets coming on the market across the globe as the fallout from the financial crisis continues.

Comment?

Related Topix: Insurance, American International Group, Raleigh, NC, Warren Buffett, Construction, Berkshire Hathaway, Investment Services

The Austrailian

ING tipped to shrink amid asset sell-off

FURTHER fragmentation of the giant ING Group's Australian property operations seems inevitable following last week's decision of its parent company to divest its insurance and investment management businesses in the next four years.

Comment?

Related Topix: Insurance, Travel, Australia Travel, REIT, Personal Finance, Retirement

Money Morning

What Investors Should Look for in Todaya s Fed Statement

In its continuing efforts to nurture the fragile economic recovery, the U.S. Federal Reserve is widely expected to leave interest rates at record lows when it concludes its meeting today .

Comment?

Related Topix: Ben Bernanke, Insurance

Tue Nov 03, 2009

WebWire

ING agrees to sell three of its U.S. broker-dealers to Lightyear

ING announced today that it has reached an agreement to sell three of its U.S. independent retail broker-dealer units, which comprise three-quarters of ING Advisors Network, to Lightyear Capital LLC.

Comment?

Related Topix: Insurance, Financial Services, Denver Metro, Personal Finance, Retirement

Mon Nov 02, 2009

Tech Confidential Blog

Finance Layoffs: Citigroup and more

More bad news for those in the finance industry. The latest reports and rumors of layoffs are at Citigroup Inc.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Charles Schwab, Investment Services, Insurance

Insurance Networking

ING Announces Restructuring

ING announced last week its plans to separate its banking and insurance operations as part of its ongoing review of the Group's strategy and as a step in its Back to Basics programme, which was designed earlier this year to streamline the company and reduce risk, costs and leverage.

Comment?

Related Topix: Insurance

MarketWatch

RBS, Ryanair pressured in lackluster Europe

European shares struggled for direction Monday, although Royal Bank of Scotland Group and Ryanair Holdings both came under noteworthy selling pressure at the onset of a new month.

Comment?

Related Topix: Transportation, Airlines, Insurance

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