Monday Aug 25
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.
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...
Wed Aug 20, 2014
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.
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.
Mon Aug 18, 2014
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.
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 .
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.
Thu Aug 14, 2014
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 .
Tue Aug 12, 2014
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.
Wed Aug 06, 2014
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.
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.
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.
Tue Aug 05, 2014
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.
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.
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.
Sun Aug 03, 2014
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 '.
Wed Jul 30, 2014
Baht Rises With Stocks, Bonds as Growth Optimism Boosts Inflows
The Thai baht was poised for its biggest monthly gain since September as overseas investors increased purchases of the nation's assets on optimism the military government will revive economic growth.
Tue Jul 29, 2014
The Washington Post
VTB's Lenders Said to Await EU Sanctions Clarity on Russia
International lenders to VTB Group are waiting for details on European Union sanctions on Russia before deciding to approve a $1.5 billion loan to the bank, according to three people with knowledge of the matter.