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WARSAW, Oct 26 (Reuters) - Brunon Bartkiewicz, chief executive of ING Bank Slaski -- a Polish unit of ING Group NV -- resigned from the position, the bank said in a statement
Total : 3 View more »
Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --
ING Group (NYSE:ING) upgraded to Buy at Deutsche Bank. The stock closed Friday at $12.90 on volume of 5,663,877 shares, above average daily volume of 1,864,733.
ING Groep is currently below its 50-day moving average of $16.21 and should find support at its 200-day moving average of $10.75.
SmarTrend is bearish on shares of ING and our subscribers received a Downtrend alert on October 26, 2009 at $14.81, which has returned 12.9% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market nyse securities
Companies: Ing Groep NV (ING)
Oct 21, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Reinsurance Group of America, Inc. (RGA), a provider of life reinsurance services, has entered into an agreement to acquire ING Reinsurance US from ING Group for EUR100 million. Both RGA and ING Reinsurance are based in the US.
ING Group is a Dutch financial institution offering banking, investments, life insurance and retirement services. ING Reinsurance US is a provider of reinsurance programs for group life, accident and health insurance companies.
Brunswick Group is acting as PR advisor to ING Group.
The transaction is expected to close in the first quarter of 2010.
Deal Value (US$ Million) 149.31 Deal Type Acquisition Sub-Category Asset Purchase Deal Status Announced: 2009-10-16
Deal Participants
Target (Company) ING Reinsurance Acquirer (Company) Reinsurance Group of America, Incorporated Vendor (Company) ING Groep N.V.
Deal Rationale
The transaction will facilitate ING Group to focus its US insurance operations on retirement services, life insurance and rollover annuities. In addition, the transaction is expected to release nearly EUR100 million in capital and improve the debt/equity ratio of ING Insurance by around 60 basis points.
Tags: accident acquisition advisor banking health insurance life insurance reinsurance retirement
Companies: Reinsurance Group of America, Inc. (RGA/B)
Oct 26, 2009 (Fresh Brewed Media via COMTEX) --
ING Group (NYSE: ING) opened at $15.56. So far today, the stock has hit a low of $15.06 and a high of $15.60. ING is now trading at $15.10, down $2.27 (-13.07%). Over the last 52 weeks the stock has ranged from a low of $3.02 to a high of $18.89. ING announced this morning that it will split its banking and insurance operations, citing pressure from the European Commission's antitrust enforcers for the move. The company will divest its insurance businesses by sale or initial public offering over the next four years. Technical indicators for the stock are neutral and S&P gives ING a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ING the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 17.50 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: antitrust banking insurance nyse public offering S&P
Companies: Ing Groep NV (ING)
Total : 185 View more »
ING is considering plans to sell off its Williams de Broe stockbroking business, having been approached by a number of potential bidders. 27-Mar-2006
Overzicht van de vacatures aangeboden door ing group op Elservier Jobs in Finance
InterAdvies is the result of a merger between retail bank, Regio Bank and credit companies, Nationale-Nederlanden Financiele Diensten and NVB Vola. In the first phase of implementation, PROFILE is processing savings and checking accounts.
Banking and insurance conglomerate ING Group (Amsterdam) has handed over a number of computer maintenance and support operations to a team of outsourcers under five-year deals worth a total of about $1.02 billion.
http://www.banktech.com/printableArticle.jhtml?articleID=191203056
Total : 38,900,000 View more »
Dutch insurance conglomerate providing news, investor relations and general information about the company. Offers personal and institutional clients financial products and services ...
ING Group N.V. (NYSE: ING, Euronext: INGA) is a financial institution of Dutch origin offering banking, insurance and asset management services. ING is an abbreviation of ...
Customer Service | Newsroom | Site Map | Contact Us: ING Group | ING DIRECT ... A financial services company dedicated to help making your future easier.
... and the manufacturing sector has just left recession, which means there’s a lot of room for improvement in the economy,” said Carsten Brzeski, senior economist at ING Group in ...
http://www.bloomberg.com/apps/news?pid=20601090&sid=aHe5RDrYUP8k