|Bid||0.00 x 21500|
|Ask||13.50 x 46000|
|Day's Range||11.59 - 11.80|
|52 Week Range||10.21 - 20.58|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||8.84|
|Forward Dividend & Yield||0.71 (6.20%)|
|1y Target Est||N/A|
The pound may manage to hold its ground if Theresa May’s Brexit deal is defeated in Parliament by 100 votes or less, as the market would then eye the odds of the prime minister seeking a second vote, analysts say.
Since ING Groep N.V. (AMS:INGA) released its earnings in September 2018, analyst consensus outlook appear cautiously subdued, with profits predicted to rise by 14% next year against the higher past Read More...
It has gone from being Asia’s best performer to the worst in two weeks. The rupee “may be leading the divergence within EM Asia and unless oil’s trajectory changes it will be a short,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. The Bloomberg JPMorgan Asia Dollar Index and almost all regional currencies have strengthened, led by the rupiah and the Thai baht.
There’s not much of Wells Fargo’s operations that the bank's new head of technology won't touch.
Today we're going to take a look at the well-established ING Groep N.V. (AMS:INGA). The company's stock saw significant share price movement during recent months on the ENXTAM, rising to Read More...
Concerns over rising interest rates and expected further rate increases have hit several stocks hard since the end of the third quarter. NASDAQ and Russell 2000 indices are already in correction territory. More importantly, Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in the first half of […]
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the first 6 weeks of the fourth quarter we observed increased volatility and small-cap stocks underperformed […]
As a €42b market capitalisation company operating in the financial services sector, ING Groep NV (AMS:INGA) has benefited from strong economic growth and improved credit quality as a result of Read More...
OUTSIDE THE BOX If you’re getting tired of the daily beatdown in U.S. stocks, just be glad you don’t own European banks. They’ve been pounded down to levels last seen when “Brexit” worries first gripped Europe in June 2016.
Danske Bank scandal is one of the many concerns faced by Deutsche Bank (DB). This is expected to hurt the bank's performance in the quarters ahead.
JPMorgan Chase & Co. has invested in a startup whose technology can analyze an encrypted dataset without revealing its contents, which could be “materially useful” for the company and its clients, said Samik Chandarana, head of data analytics for the Corporate and Investment Bank division. JPMorgan could use the ‘secret computing’ technology to analyze a customer’s proprietary data on their behalf, using artificial intelligence algorithms without sacrificing privacy, Mr. Chandarana said. “This gives us a technological solution to be able to act on a client’s private data … without them having to worry about the security constraints or giving up all their information to us,” he said.
ING Groep N.V. (ING) soared 7.96% to $12.75 per share on the New York Stock Exchange on Thursday after posting financial results for the third quarter. The company reported strong growth in both primary customers and core lending. The Dutch bank saw its primary customers base increase 1.7% to 12.2 million, closing the third quarter with a total retail customer base of 38 million.
The bank, based in Amsterdam, said it had earnings of 23 cents per share. The financial services provider posted revenue of $5.4 billion in the period. Its revenue net of interest expense was $5.4 billion, ...
Disappointing results from Credit Suisse and Royal Dutch Shell set a slightly negative tone in European markets on another busy day of corporate news.
ING Groep (INGA.AS), the largest Dutch bank, on Thursday reported a profit of 776 million euros (£683 million), better than expected as it continued to grow on an underlying basis despite being fined for failures to prevent money laundering. Prosecutors fined ING 775 million euros in September for inadequate supervision of suspicious client transactions. Despite public anger over the bank's wrongdoing, ING said it gained 200,000 new "primary" customers in the quarter, defined as customers that use ING for more than one produce, bringing the total to 12.2 million.
Goldman Sachs (GS) shows operational efficiency by undertaking growth strategies with support from its strong capital position.
MILAN/AMSTERDAM (Reuters) - Dutch bank ING Groep NV (INGA.AS) plans to sell its remaining Italian real estate leasing portfolio to Goldman Sachs (GS.N) as it continues to cut leasing activities outside its home markets, a document reviewed by Reuters showed. A letter ING sent to unions in Italy said the group expected to sign the deal by early December and close it in the first quarter of next year. The portfolio comprises both performing and non-performing real estate leasing contracts, ING said, adding that the disposal would make 31 people in Italy redundant and inviting unions to discuss possible measures to reduce staff.
MILAN/AMSTERDAM, Oct 30 (Reuters) - Dutch bank ING Groep NV plans to sell its remaining Italian real estate leasing portfolio to Goldman Sachs as it continues to cut leasing activities outside its home markets, a document reviewed by Reuters showed. A letter ING sent to unions in Italy said the group expected to sign the deal by early December and close it in the first quarter of next year. The portfolio comprises both performing and non-performing real estate leasing contracts, ING said, adding that the disposal would make 31 people in Italy redundant and inviting unions to discuss possible measures to reduce staff.
ING is also releasing a customer-facing version of the technology to help clients trade bonds, Santiago Braje, the bank’s global head of credit trading, said at an AI conference in Amsterdam Wednesday. In its first full year of deployment, the software -- which ING calls Katana Edge -- has allowed traders to make pricing decisions faster, improving the number of market-making trades the firm wins by 20 percent, Braje said. The firm now plans to roll it out to other areas of its credit trading practice, Braje said in an interview on the sidelines of World Summit AI.