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After losing an estimated €3.3 billion in the last quarter of 2008, ING will lay off 7,000 employees, along with chief executive Michel Tilmant.
Stanislas de Caumont of Credit Suisse and Gunter Fluyt of ING will co-chair the new executive board of the European Primary Dealers Association (EPDA).
John Hele, chief financial officer of financial services group ING, will leave the firm following the company’s agreement on October 19 to receive a €10 billion capital injection from the Dutch ...
Dutch financial group ING has secured a derivatives licence to operate in the Chinese city of Shanghai.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.