ING to review strategic options for its Retail Banking business in France ING announced today that it is conducting a strategic review of its Retail Banking business in France. The review is focused solely on the Retail Banking business and not on ING’s Wholesale Banking activities in France. ING has been active in the French retail banking market since 2000 as an online bank and currently serves around 1 million customers, offering current accounts, mortgages, consumer lending and investment
HSBC's agreement to pay a $1.9 billion fine and enter into a deferred prosecution agreement points to a lack of control processes in compliance and anti-money laundering.
Global stock markets fell as investors wrapped up a month of trading dominated by concerns over inflation and the pace of the international economic recovery.