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ING Group News

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

Yesterday | The Star Online

ING Funds doing well, one of the 23 giving 30% returns

KUALA LUMPUR: ING Funds Bhd says most of its 23 funds performed well this year, with one paying out as much as 30 per cent returns a year despite the sluggish economic climate.

Comment?

Related Topix: Insurance, World News, Malaysia, Personal Finance, Retirement

Thu Dec 03, 2009

Seeking Alpha

The FSB's Big, Bad 30

The FSB of the G-20 has created a list of 24 banks and 6 insurance companies that pose significant risk to world financial systems and require special oversight.

Comment?

Related Topix: Insurance

Wed Dec 02, 2009

BusinessWeek

Goldman Sachs, Las Vegas ...

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses and share prices are as of 8 a.m. in New York.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Banking, Bank of America, JP Morgan Chase , Biotech, Medicine, Dyax, Healthcare Industry, Insurance

Tue Dec 01, 2009

XtraMSN Real Estate

ANZ National completes ING purchase

ANZ National Bank now has full ownership of ING NZ. In September ANZ announced it would be acquiring ING Group 's 51 percent shareholding in ING New Zealand and ING Australia on top of the 49 percent it already owned.

Comment?

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

Mon Nov 30, 2009

China Daily

ING's China operations affected

To survive the global financial turmoil, Netherlands-based financial services group ING Groep NV moved towards a complete separation of its banking and insurance operations in October, the China Business Journal reported.

Comment?

Related Topix: Insurance, China, Asia, World News

Sun Nov 29, 2009

Fox News

ING's $11.2B Rights Issue Comes In at 52% Discount

ING may wish it chose a different day to raise cash as the Dutch banka s $11.2 billion rights issue came in at a 52% discount Friday amid a plunge in global markets sparked by Dubaia s debt crisis.

Comment?

Related Topix: Insurance, Business News

Sat Nov 28, 2009

SmartMoney

ING Group Prices Rights Issue at $11 Billion

Dutch Financial Company ING Group NV will issue new shares at EUR4.24 each to raise EUR7.5 billion to repay part of the state aid it received last year from he Dutch State.

Comment?

Related Topix: Insurance

Fri Nov 27, 2009

MarketWatch

Movers & Shakers: Friday's biggest gaining and declining stocks

Among the shares expected to see active trading in Friday's session are AIG, Incyte, ING, Tiffany and Toyota.

Comment?

Related Topix: Insurance, Financial Markets, Biotech, Medicine, Incyte, Healthcare Industry, Toyota Motor, Automakers, Life, Holidays, Thanksgiving, American International Group

ABC News - Brian Ross

MGM Mirage, HSBC, Satyam, ING Are Big Movers

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: MGM Mirage, down 45 cents to $10.56 The casino operator's joint venture partner Dubai requested a debt payment delay.

Comment?

Related Topix: HSBC Holding, Satyam Computer Services, Media, Banking, Hotels, Insurance, MGM Mirage, Software, Financial Markets, Financial Services, Investment Services

TechWeb.com

What ING's Insurance Divestment Means to the Bancassurance Model

With ING forced to divest its insurance operations, the long-term viability of the bancassurance model has come under question.

Comment?

Related Topix: Insurance

JAVA Developer's Journal

ING Sets Terms for Its EUR 7.5 Billion 6 for 7 Rights Issue

ISSUE OF 1,768,412,544 SHARES FOR EUR 4.24 PER SHARE - Issue price represents a 37.3% discount to the Theoretical Ex- Rights Price -BDR subscription and trading periods run from 30 November 2009 until 15 December 2009 -ADS subscription period runs from 30 November 2009 until 11 December 2009 -Rights issue fully underwritten by syndicate of banks ...

Comment?

Related Topix: Insurance, Investment Banking, Banking, JP Morgan Chase , Financial Services, Goldman Sachs Group, Investment Services

Thu Nov 26, 2009

MarketWatch

Europe Markets: Europe shares drop amid Dubai debt worries

European shares fell sharply on Thursday, with banks leading a broad retreat for the region amid uncertainty about exposure to Dubai debt.

Comment?

Related Topix: Life, Holidays, Thanksgiving, Banking, Deutsche Bank AG, Financial Services, Insurance, Financial Markets

Wed Nov 25, 2009

Business Insurance

ING investors approve break-up and rights issue

ING won shareholder approval for the breakup of the Dutch bank and insurance group and a 7.5 billion rights issue on Wednesday, paving the way for it to pay back state support.

Comment?

Related Topix: Insurance

Tue Nov 24, 2009

Insurance Networking

9 Insurers Affected By Rating Actions

A.M. Best and Fitch Ratings announced ratings updates. The following are some of the most recent: The Allstate Corp.

Comment?

Related Topix: Allstate, Insurance

Asbury Park Press Online

Prudential may bid on ING units, Wells Fargo says

Newark-based Prudential Financial Inc., the second-largest U.S. life insurer, may bid on units that ING Groep NV is selling after its bailout by the Dutch government, an analyst at Wells Fargo & Co.

Comment?

Related Topix: Insurance, Wells Fargo , Banking, Financial Services, Prudential Financial, American International Group, MetLife

Mon Nov 23, 2009

Canada.com

'Jail broken' iPhones vulnerable to new virus

A virus has been detected and can only attack iPhones whose users have disabled some pre-installed security features, according to analysts monitoring the progress of the virus, known as the Duh Worm.

Comment?

Related Topix: Computer Security, Software, Insurance

Sun Nov 22, 2009

The Globe and Mail

The timely death of a bad idea

Eric Reguly Published on Thursday, Nov. 19, 2009 12:00AM EST Last updated on Thursday, Nov.

Comment?

Related Topix: Insurance, Mortgage, Personal Finance, Home

Fri Nov 20, 2009

The Age

Insider column - Jamie Freed

There has been plenty of publicity about the rise and rise of the gold price a ' albeit in US dollar terms, rather than the local currency a ' but platinum has also been performing very well of late.

Comment?

Related Topix: Mining, Insurance

Thu Nov 19, 2009

GlobeNewswire

Beacon's Fixed Annuity Premium Study Reports Third Quarter's Fixed Annuity Sales

U.S. sales of fixed annuities were an estimated $21.9 billion in third quarter 2009 according to new data from the Beacon Research Fixed Annuity Premium Study.

Comment?

Related Topix: Insurance, New York

Bloomberg

Qatar Bonds Gain After Largest Emerging-Market Debt Sale Is Oversubscribed

Qatar's bonds rose after the largest-ever sale of debt by an emerging-market government received $28 billion of orders, four times the amount issued.

Comment?

Related Topix: World News, Qatar, Middle East, Qatar Travel, Travel, Financial Markets, Insurance

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