|Bid||10.55 x 200000|
|Ask||0.00 x 168000|
|Day's range||15.14 - 15.28|
|52-week range||12.39 - 16.13|
|PE ratio (TTM)||11.91|
|Earnings date||31 Jan 2018|
|Forward dividend & yield||0.75 (4.27%)|
|1y target est||16.83|
Nov.02 -- Koos Timmermans, chief financial officer at ING Group, discusses 3Q earnings, interest rates, restructuring and capital planning. He speaks on "Bloomberg Daybreak: Europe."
AMSTERDAM (Reuters) - The Netherlands' central bank (DNB) is setting up a team of cyber security experts and hackers to attack the country's own financial infrastructure in order to test and improve its ...
Deutsche Bank (DBKGn.DE) has selected Barclays (BARC.), Citigroup (C.N) and Credit Suisse (CSGN.) as senior bookrunners for the initial public offering (IPO) of its asset-management arm, a source familiar with the matter told Reuters on Saturday. A spokesman for Deutsche Asset Management declined to comment on the selection of bookrunners, which was first reported on Friday by Bloomberg. Deutsche Bank, which will be the main bookrunner, said in March it planned to list the asset management arm, which could achieve a total valuation of around 8 billion euros (7.07 billion pounds), within two years as part of an overhaul following costly lawsuits and trading scandals.
A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday. Other members of the consortium include Norwegian oil firm Statoil, trading houses Gunvor, Koch Supply & Trading, and Mercuria, and banks ABN Amro, ING and Societe Generale. Blockchain technology, which first emerged as the architecture underpinning cryptocurrency bitcoin, uses a shared database that updates itself in real-time and can process and settle transactions in minutes using computer algorithms, with no need for third-party verification.
A consortium including energy companies BP and Royal Dutch Shell (LSE: 0LN9.L - news) will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday. Other members of the consortium include Norwegian oil firm Statoil (LSE: 0M2Z.L - news) , trading houses Gunvor, Koch Supply & Trading, and Mercuria, and banks ABN Amro, ING and Societe Generale (Swiss: 519928.SW - news) . Blockchain technology, which first emerged as the architecture underpinning cryptocurrency bitcoin, uses a shared database that updates itself in real-time and can process and settle transactions in minutes using computer algorithms, with no need for third-party verification.
AMSTERDAM (Reuters) - ING Groep NV(INGA.AS), the largest Dutch financial services firm, on Thursday reported a better-than-expected net profit for the third quarter of 1.38 billion euros (1.21 billion ...
The FSB, which coordinates financial regulation across the Group of 20 Economies (G20), said in its first report on artificial intelligence (AI) and machine learning that the risks they pose need monitoring. AI and machine learning refer to technology that is replacing traditional methods to assess the creditworthiness of customers, to crunch data, price insurance contracts and spot profitable trades across markets.
Financial markets braced this week for what could be the Bank of England's first rate rise in a decade - a step into the unknown for a generation of young traders who started work after 2007 but also for the state-of-the-art technology they use. After a decade that included a global financial crash, numerous investigations into market collusion and relentless automation, trading floors at banks in London have been transformed in ways not obvious at first glance. The newest kid on the block is not necessarily the rookie trader with a PhD in physics but the latest computer model or algorithm.
Financial markets braced this week for what could be the Bank of England's first rate rise in a decade - a step into the unknown for a generation of young traders who started work after 2007 but also for the state-of-the-art technology they use. After a decade that included a global financial crash, numerous investigations into market collusion and relentless automation, trading floors at banks in London have been transformed in ways not obvious at first glance. The newest kid on the block is not necessarily the rookie trader with a PhD (Taiwan OTC: 4191.TWO - news) in physics but the latest computer model or algorithm.
ING announced today it has launched ING Ventures, a EUR 300 million fund aimed at investing in fintech companies. To accelerate the pace of innovation, one of ING`s strategic priorities, ING Ventures will ...
ING announced today it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. The proposition fits ING`s strategy to grow its lending business to SMEs and creating ...
Anglian Water's issuance of the first water utility green bond in Europe should pave the way for more such instruments which should help the market grow, Dutch bank ING's (INGA.AS) head of sustainable capital markets said. Green bonds are a growing category of fixed-income securities, which raise capital for projects with environmental benefits. In July, UK-based water Anglian Water issued a 250 million pound ($335 million) green bond, which was also the first public utility green bond issued in sterling.
The surging euro has played spoilsport with what had become global investors' top trade this year -- buying European equities - though for some recent weakness in stocks offers a chance to reshuffle portfolios and stay invested. In August European equity funds even suffered their first weekly outflows in many months, as the euro strengthened to levels that caught many by surprise. "I used to own a lot of exporters but that's changed," said Fidelity's Bill Kennedy, who has been managing the $10 billion Fidelity International Discovery Fund since 2004.
Noble Group's main banks are in talks to decide whether to give the commodity trader an extension on its credit line or force it into a restructuring or liquidation, the Financial Times newspaper said on Tuesday, citing sources with knowledge of the discussions. Banks including HSBC, Societe Generale (Swiss: 519928.SW - news) , ABN Amro, Citigroup (NYSE: C - news) and ING, have appointed legal advisers to consider the case for extending the $2 billion line of credit, "so the Hong Kong-based company can continue its lengthy search for a major new investor to recapitalise the business", the FT said.
Dutch bank ING Groep said it plans to cut dozens of jobs at its dealing room in Amsterdam, including corporate bond and commodities traders, and will move 22 positions to London. ING said on Wednesday ...
The vast majority of bank customers in Europe would not let a computer programme make and act upon financial decisions on their behalf, a survey showed on Wednesday, in a sign of caution over the rising so-called robo-advice industry. Robots ranked below financial advisers, friends or even using the internet as a means of making investment decisions, according to the fifth annual International Survey Mobile Banking conducted by Dutch bank ING Groep (Amsterdam: INGA.AS - news) . The fact that people are reluctant to cede control over a decision - even when the outcome from outsourcing the choice could be more beneficial - explains why so few would hand money choices to a robo-adviser, ING said in its report.
Greek stocks rose for a 12th straight day on Wednesday, the longest run of gains since 1991, outperforming broadly flat European markets as Athens looked set to clinch vital bailout loans. While the pan-European ...
European shares fell on Wednesday, slipping from 21-month highs, with Italian banks and construction stocks particularly weak. The pan-European STOXX 600 index was down 0.1 percent, slipping from a high reached in the previous session and the euro zone benchmark fell 0.2 percent as German and French bluechip indexes eased from record highs. Construction and materials stocks were the biggest fallers, led by HeidelbergCement which reported its first-quarter operating profit slipped 3 percent.
Siam Commercial Bank (SCB) has entered into exclusive talks with Hong Kong insurer FWD Group to sell its life insurance arm, which could raise $3 billion for Thailand's third-biggest lender, people with direct knowledge of the matter said. A successful deal would rank as the largest insurance M&A transaction in Southeast Asia, and the biggest in Asia since the merger of two insurance companies in India valued at $3.2 billion in August 2016, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.
Some of Europe's most profitable lenders pay their chief executives the least, data from shareholder advisory group ISS shows, while loss-making banks reward their bosses more lavishly. Despite caps on bank bonuses introduced across much of Europe after the financial crisis, pay still varies widely - sometimes independently of profit - the survey of 11 of Europe's biggest banks, which was compiled by ISS for Reuters, reveals.
European shares hit a two-week low on Wednesday, extending losses from the previous session, weighed down by weaker banks and a plunge in security services firm Gemalto following a profit warning. The ...
European shares fell in early deals, extending losses from the previous session as basic resources stocks and banks came under pressure. The pan-European STOXX 600 index was down 0.7 percent at a one-week ...
European shares edged ahead on Wednesday, helped by good earning updates, but bank stocks hit a five-week low on growing concerns over the region's crowded election agenda this year. The STOXX 600 rose ...