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ING Group News

News on ING Group (Ticker: ING) continually updated from thousands of sources around the net.

Thursday Aug 28 | The Washington Post

Ing Ceo Hamers Says Bank Plans to Apply for Ecb Funds

ING Groep NV, the biggest Dutch lender, plans to borrow funds in the European Central Bank's first auction of cheap cash designed to boost loans to companies and individuals.

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Related Topix: Insurance, Business News

Mon Aug 25, 2014

Bloomberg

Sanctions Bite Banks on Dollar Costs: Russia Credit

Sanctions on Russian lenders are limiting their access to foreign financing and sending the cost of funding in dollars instead of rubles to a 16-month high.

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Related Topix: Financial Markets, Vladimir Putin, Insurance

Fri Aug 22, 2014

City Paper's Baltics Worldwide

Europe may lose EUR 5 bln per year because of Russian sanctions

Based on calculations carried out by financial institution of Dutch origin ING Group, restrictions imposed by Russia on 7 August on food products imported from the European Union may cost the EU USD 6.7 billion per year, writes LETA/ELTA, referring to the website RBC Daily.... Read more...

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Related Topix: Insurance

Wed Aug 20, 2014

Business Journal

Shorenstein pays $100M for Washington Square buildings in downtown Minneapolis

Shorenstein Properties, a San Francisco-based real estate investment firm, closed Wednesday on its acquisition of the three-building Washington Square campus in downtown Minneapolis.

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Related Topix: Square, San Francisco County, CA, San Francisco, CA, Insurance

EKathimerini

Russian sanctions seen giving EU 6.7 billion hit in ING estimate

RussiaA's ban on imports of western food could cost the European Union an annual 6.7 billion euros in lost production, according to ING Groep NV.

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Related Topix: Insurance, Netherlands,

Mon Aug 18, 2014

Reuters

MOVES-ING Investment hires two executives to emerging market equity team

ING Investment Management International, the asset management unit of Dutch banking and insurance company ING Groep NV, hired two executives to its emerging market equity team.

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Related Topix: Insurance

AmericanBankingNews.com

ING Groep NV Given Consensus Recommendation of "Buy" by Brokerages

ING Groep NV has been given an average recommendation of "Buy" by the fourteen analysts that are currently covering the company, Analyst Ratings Net reports .

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Related Topix: Insurance

Fri Aug 15, 2014

The Washington Post

Voya Offloads $100 Billion of Life Policies, Freeing Capital

Voya Financial Inc. struck a deal to transfer life insurance policies with a face value of about $100 billion to Reinsurance Group of America Inc., freeing up funds for the former U.S. arm of ING Groep NV.

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Related Topix: Reinsurance Group of America, Insurance, Business News

Thu Aug 14, 2014

AmericanBankingNews.com

ING Groep Given Consensus Rating of "Buy" by Brokerages

ING Groep has received a consensus rating of "Buy" from the fourteen ratings firms that are covering the company, Stock Ratings News reports .

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Related Topix: Insurance

Tue Aug 12, 2014

AmericanBankingNews.com

ING Groep Upgraded to "Neutral" by Zacks

The firm currently has a $13.60 target price on the stock. Zacks 's price objective would suggest a potential upside of 2.80% from the company's current price.

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Related Topix: Insurance

Wed Aug 06, 2014

Ticker

Siemens to Sell Unit to Cerner; Mixed Results from Hannover RE, ING

Hannover net climbed 5% to 444 million. ING Groep net surged 20% to 1.07 billion.

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Related Topix: Insurance, Siemens AG, Cerner, Computers, Software, American International Group

Sys-Con Media

Voya Financial Announces Second Quarter 2014 Results

Second quarter 2014 net income available to common shareholders incorporates the Closed Block Variable Annuity segment's after-tax loss of related to nonperformance risk4.

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Related Topix: Insurance, Law, Employment / Labor Law

Hispanic Business

ING records 2Q14 underlying net profit of EUR 1,181 million

The improvement compared with both prior quarters mainly reflects solid income generation, despite the impact of negative CVA/DVA adjustments and the deconsolidation of ING Vysya Bank, and a further decline in risk costs.

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Related Topix: Insurance

Tue Aug 05, 2014

Bloomberg

ING Considers Repaying Aid Early as Second-Quarter Profit Rises

ING Groep NV , the biggest Dutch lender, may pay back state aid earlier than planned after posting a 19 percent rise in second-quarter profit.

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Related Topix: Insurance

MarketWatch

ING profit rises on insurance unit boost

ING Group NV on Wednesday reported a sharp rise in second-quarter net profit, boosted by a higher contribution from its insurance business.

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Related Topix: Insurance

Reuters

RPT-ING beats second quarter earnings expectations as loan losses fall

The banking arm of Dutch financial giant ING beat earnings forecasts in the second quarter of the year, returning underlying pretax profits of 1.278 million euros against the 1.137 billion euros expected by analysts.

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Related Topix: Insurance

Sun Aug 03, 2014

Reuters

Fitch Affirms Rating on ING Bank's Baht Bonds at 'AAA(tha)'

BANGKOK, August 04 Fitch Ratings has affirmed ING Bank N.V.'s THB4.26bn senior unsecured bonds due 2016 at 'AAA '.

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Related Topix: Insurance

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