|Bid||13.57 x 45100|
|Ask||13.58 x 1000|
|Day's Range||13.53 - 13.61|
|52 Week Range||10.21 - 17.73|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||10.20|
|Forward Dividend & Yield||0.71 (5.34%)|
|1y Target Est||19.30|
Commerzbank, the smaller of the two, is attracting the most interest, perhaps because it would be easier to digest. Dutch lender ING Groep NV has reached out to the bank and the German government to seek talks, and UniCredit SpA is weighing a potential bid, people familiar with the matter have said. The German Finance Ministry, which oversees the country’s roughly 15 percent stake in Commerzbank, has encouraged the firm’s negotiations with Deutsche Bank.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! ING Groep N.V. (AMS:INGA) shareholders should be happy to see the share price up 17% in the last quarter. But that is...
The krona’s four-year slump has led to soul-searching in the Scandinavian nation about whether the policies pursued in the wake of the financial crisis have backfired. Banks are slashing their outlook for the krona, a former prime minister has suggested dumping it for the euro and a business federation has accused the central bank of effectively devaluing the currency, leading the Governor to defend its ultra-loose policy. The krona is the worst-performing major currency this year, confounding strategists who picked it as a world beater for 2019.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent […]
With major global central banks including the U.S. Federal Reserve and the European Central Bank reining in -- or reversing -- plans for stricter policy, the National Bank of Hungary had suggested before Tuesday that it would move against the tide. In another surprise, policy makers also announced a corporate bond-buying program aimed at stimulating debt markets.
NEW YORK, NY / ACCESSWIRE / March 20, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review ...
Prosecutors in Milan have begun a formal investigation into alleged money laundering involving Dutch bank ING Groep NV's Italian business, a source close to the matter said. ING had no immediate comment on Tuesday on the investigation, which was launched after prosecutors received requests for assistance from other European countries, where dozens of people had reported online scams, the source added. Last year ING, the Netherlands' largest financial services provider, admitted criminals had been able to launder money through its accounts and agreed to pay 775 million euros ($900 million) to settle the case.
The EU’s bank supervisors are investigating possible regulatory failures at the national level, but national supervisors are pushing back. The latest evidence of local muscle-flexing comes from the Italian central bank, which has asked ING Groep NV to stop taking on new clients in Italy because of apparent weaknesses in the Dutch lender’s internal controls. This is not a happy development if Europe wants to restore trust in its financial system.
A look at the shareholders of ING Groep N.V. (AMS:INGA) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusualRead More...
Shares of Dutch lenders ABN AMRO and ING, among others, were under pressure on Tuesday, on the back of a report that alleges that billions of Russian funds have been channeled via Lithuanian financial institutions to banks that include those in the Netherlands. The De Groene Amsterdammer is part of a report by the Organised Crime and Corruption Reporting Project, which published an article on Monday that accused a number of European financial firms of money laundering. An earlier report focused on Danske Bank and Swedbank AB but have also seen Austria's Raiffeisen Bank International AG a part of recent allegations,according to Bloomberg News. Meanwhile, European banks more broadly were trading lower, off about 0.8%, as gauged by the Stoxx Europe 600 banks index.
Moody's Investors Service has affirmed the foreign currency deposit rating of TMB Bank Public Company Limited (TMB) at Baa2. Moody's has also affirmed the Baseline Credit Assessment (BCA) and adjusted BCA of TMB at ba1. The outlook on all of TMB's ratings -- where applicable -- is maintained at positive.
European banks are investing more resources in staff and technology to spot financial crime following a recent string of money-laundering scandals. NV, meanwhile, said it boosted investments in its defenses in part by using cash freed up from expense cuts elsewhere. Banks with global operations, not just in Europe, have been spending more on compliance-related technology, including systems powered by artificial intelligence, and hiring employees with advanced training in areas such as data science, said Walter Mix, managing director at Berkeley Research Group, who advises banks on anti-money-laundering regulations.
LEAWOOD, Kan., Feb. 25, 2019 -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider, announces an agreement with ING Bank N.V., SUCURSAL EN.
ING Group is looking to sell a 1.21 percent stake in the private-sector lender for over 28 billion rupees ($393.43 mln) via a block deal, BloombergQuint reported, citing bankers involved in the deal. Kotak Mahindra Bank shares posted their worst intraday fall since Dec. 10, giving up nearly 5 percent. Shares in broader Asia slipped on Friday as a deteriorating global economic outlook outweighed further signs of progress in trade talks between China and the United States.
Press Release Paris, 12th February 2019 2018 full year resultsChallenging year with 2% organic growth and €488m EBITDAIn line with January 22th, 2019 communicationImproved.
The Amsterdam-based bank said it had earnings of 38 cents per share. Earnings, adjusted for non-recurring gains, came to 37 cents per share. The financial services provider posted revenue of $5.14 billion ...
NV (INGA.AE) Tuesday reported a 25% rise in fourth-quarter net profit, reflecting continued business growth at resilient margins, higher net commission and fee income and lower risk costs. This compares with consensus forecasts of EUR1.14 billion, taken from FactSet and based on six analysts’ forecasts. ING said its fully-loaded common equity Tier 1 ratio, a measure of a bank’s financial strength, at Dec. 31 stood at 14.5%, the same as the comparable period last year.
Investing.com -- Recession worries have dragged Europe’s stocks off a two-month high in early trading Wednesday, after shockingly weak data on new orders to German manufacturers pointed to a weak start to 2019 for the region’s most important economy.