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...ING and Maike declined to comment on the case, as did law firms Reed Smith and King & Wood Mallesons, which represent ING and ICBC respectively....
...That explains why ING’s share price is up 30 per cent since early February, following some disappointing full-year results. ING, and banks such as Italy’s UniCredit, can afford to dole out capital....
...“We’re in regular dialogue with a variety of stakeholders including Friends of the Earth Netherlands,” ING said....
...ING forecasts that gold will remain at record highs in 2024 to average around $2,100 per ounce in the fourth quarter, above the previous record high....
...But the vote in the lower house was enough to knock shares in ING and ABN Amro, the country’s largest banks....
...Graph via ING of how projections now stand: Rate-setters hands’ have been slightly tied by their own model, ING analyst notes: Not only has the central bank gone further than that at this meeting, but...
Dutch pension fund manager APG to increase stake in European student accommodation and hotel group
APG sees big rethink on investment in the country as geopolitical risks increase
APG is investing several hundred million pounds in college accommodation across the UK
...ING Germany declined to comment on the case....
...Here’s Carsten Brzeski of ING: While in recent days financial markets showed growing concerns about the Delta variant and its potential to dent the global recovery, we actually see supply chain frictions...
...The caution stopped ING from following in the footsteps of major US banks that released billions of loan loss reserves....
...A Dutch court in The Hague recently questioned ING’s former chief executive Ralph Hamers to review whether the case should be reopened....
...Mr Hamers, who led ING from 2013 to this year, lost his 2018 bonus because of the fine. ING’s chief financial officer, Koos Timmermans, resigned over the scandal....
Jakarta sovereign wealth facility to co-invest almost $4bn with Canadian, Dutch and UAE institutions
...NN Group, which has a market capitalisation of more than €13bn, was spun out of Dutch bank ING after the 2008 financial crisis. Its shares were up slightly at €41.64 in Monday morning trading....
...ING was one of the largest lenders to Wirecard, the German payments company that collapsed amid a fraud scandal in June....
Businesses acknowledge the long road ahead despite progress made so far
...The better a company’s ESG score, the better the terms of the loan for that borrower, ING has said....
...of ING’s supervisory board....
...Other banks that have fallen out of favour include Standard Chartered, ING of the Netherlands, BNP Paribas and Spain’s Banco Santander....
...ING said it was affected by “various large individual files, including a sizeable provision for a suspected external fraud case”....
...Still, his time at ING has not been without controversy....
...It was a flying visit; Mr Hamers was back in ING’s Amsterdam HQ a few hours later....
...“The fourth quarter is set up for another contraction in production,” said Bert Colijn, a senior economist at ING....
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