ING Barings Restructures To Lower Risk Profile


AMSTERDAM--ING Barings, the investment banking arm of ING Group, is revamping its business lines to lower its risk profile and restructure its corporate strategy. Under David Robins, chief executive officer, the bank has created four global lines of business and two new risk committees.

Robins, who was named to his current post in October 1998, plans to shift the bank's focus from proprietary trading to client-derived revenue, says a company spokesperson. The four business lines are: Corporate

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