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ING Will Be Selling Out Its Stake In Capital One Financial
ING Groep N.V. (ADR) (NYSE:ING) announced last night that it plans to sell its 9 percent stake (54 m shares) in Capital One Financial Corp. (NYSE:COF), through placing. ING acquired the stake this...
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ING Reaches Deal On Bailout Repayments
Today a statement posted on ING Groep N.V. (NYSE:ING)’s website reports, that the European Commission has agreed to major amendments to the bank’s plan for restructuring. The amendments take into...
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Spanish Bank Recapitalization Play to be Announced This Wednesday
There is confusion enough around the budget squabble in the EU with all the usual antics (does this ritual strike a note in the USA?) as to attract attention from other and more vital developments...
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ING Bank System Breakdown Results Into Wrong Account Balances
Dutch banking giant ING Groep N.V. (NYSE:ING) suffered a system breakdown Wednesday that angered thousands of customers across Netherlands, reports Nos Television. Retail and business customers...
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Insurance Industry: P/B Across Sub Industries
This piece is the sixth out of seven in a series that I have been writing at Aleph Blog. Here are links to the first five pieces: On Insurance Investing, Part 1 (reducing share count) On Insurance...
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ING Groep NV Sells Its Mexican Mortgage Business To Santander
Dutch banking giant ING Groep NV (NYSE:ING) (AMS:INGA) announced Friday that it has signed an agreement with Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX), the Mexican unit of Spanish banking...
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ING Groep Beats Second-Quarter Profit Forecasts
Dutch financial group ING beat second-quarter profit forecasts at its main banking business and said it was looking at further possible cost savings as it continues to slim down in a drive to recover...
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ING to Unload 11.5 Percent Stake In US-Based Unit
ING to unload 11.5 percent stake in US-based unit (via AFP) Dutch banking and insurance giant ING on Monday took a step closer to separating with its US-based insurance arm, saying it planned on...
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European Stocks Relative To Bonds Look Cheap: Citi
Two years ago, European equities were inexpensive relative to their own history and relative to other asset classes. Now, according to Jonathan Stubbs, strategist at Citi Research, there is a mixed...
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ING Asks Investors To Disregard Its Premature Stock Sale Announcement
ING Group erroneously filed a Form 6-K today announcing the sale of 33 million shares of ING U.S., Inc.ING Groep NV (NYSE:ING) has asked investors to disregard the regulatory filing outlining its plans...
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Blackstone Giving Up On Russia
Private equity firm The Blackstone Group L.P. (NYSE:BX) has decided to pull the plug on trying to make investment in Russia. The New York-based buyout group has had no luck in making deals in Russia...
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Goldman Sachs Doles Out Biggest Director Bonuses In London
It takes money to make money, and that's why too-big-to-fail global investment bank Goldman Sachs has always believed in paying for top talent. In that tradition, Goldman is ranked by salary...
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Deutsche Bank Upgrades ING To Buy As Commodity Crash Hits Shares
As ING holds 10% upside potential and near-term surplus return potential, an analyst at Deutsche Bank upgraded ING to Buy and pegged a new target price at €14.5. David Lock of DB in his August 26, 2015...
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Banks Forgo Coal Fee Revenues And Make Environmental Stand
As the Paris climate summit heats up, with a key issue being reduction of worldwide coal consumption, Morgan Stanley and Wells Fargo have joined with other large banks to reduce financing for certain...
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Noble Group, Its Risk And Its Circularity With The Energy Commodity Prices
Noble Group, Its Risk And Its Circularity With The Energy Commodity Prices by Navigating the Commodity Markets with Freight and Spreads The link between lending, credit, liquidity and price is a...
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Insurance Industry: P/B Across Sub Industries
This piece is the sixth out of seven in a series that I have been writing at Aleph Blog. Here are links to the first five pieces: On Insurance Investing, Part 1 (reducing share count) On Insurance...
View ArticleClik here to view.
ING Groep NV Sells Its Mexican Mortgage Business To Santander
Dutch banking giant ING Groep NV (NYSE:ING) (AMS:INGA) announced Friday that it has signed an agreement with Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX), the Mexican unit of Spanish banking...
View ArticleClik here to view.
ING to Unload 11.5 Percent Stake In US-Based Unit
ING to unload 11.5 percent stake in US-based unit (via AFP) Dutch banking and insurance giant ING on Monday took a step closer to separating with its US-based insurance arm, saying it planned on...
View ArticleClik here to view.
European Stocks Relative To Bonds Look Cheap: Citi
Two years ago, European equities were inexpensive relative to their own history and relative to other asset classes. Now, according to Jonathan Stubbs, strategist at Citi Research, there is a mixed...
View ArticleClik here to view.
ING Asks Investors To Disregard Its Premature Stock Sale Announcement
ING Groep NV (NYSE:ING) has asked investors to disregard the regulatory filing outlining its plans to sell more shares in its U.S. life insurance unit it mistakenly filed earlier today. In today’s...
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