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ING Groep N.V. Message Board

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  • jpomper jpomper Mar 10, 2011 6:24 AM Flag

    ING Direct USA $10 Billion

    This might be realistc.
    ING Direc US's risk cost improved substantially, deliquencies flattened.

    ING Direct made 363M Euros profit (=$500M) while the rsults were impaired by losses in Benelux. So the US arm is just working fine.

    Similarly, ING Insurance on the selling table (advisor DeutscheBank) is probably will make upside surprise. Tjis might fetch 30-35B.

    And if the ING board decides to return this money to investors, as a special dividend, we might get 6-8 Euros/share.

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