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Tag Archives: ING Groep NV

Overnight Market News – December 7, 2011

07-Dec-11

Australia’s Gross Domestic Product Rises 1% in Q03 2011, Following a 1.4% Expansion in the Prior Quarter, Beating Economists’ Median Forecast for a 0.8% Gain Citigroup Inc Plans to Cut Approximately 4.5k Jobs in the Coming Quarters in Order to Offset Declining Revenue ING Groep NV Reports that it Must Take a Charge of up [...]

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ING Groep NV Forced To Restructure

27-Oct-09

After being bailed out with EUR 11B in emergency funds from the Dutch Government in October 2008, financial company ING Groep NV has been forced to restructure its business model. ING Groep NV announced yesterday that as a part of an agreement with the European Commission to pay back its state aid early, the Bank [...]

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Overnight Market News – October 26, 2009

26-Oct-09

ING Groep NV to Raise USD 11.3B in Rights Offering and Sell Insurance Businesses to Repay Government Debt Commercial Real Estate Company, Capmark Financial Group Inc Files for Bankruptcy Protection Electrolux AB Posts 93% Rise in Third-Quarter Net Profit to USD 236mm on Cost-Reduction Petroleo Brasiliero SA Sells USD 4B in 10-Year and 30-Year Bonds [...]

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Overnight Market News – August 12, 2009

12-Aug-09

Lloyds Banking Group to Sell Insight Investment Management Ltd to Bank of New York Mellon Corp for GBP 235mm or USD 386mm BHP Billiton Ltd, the World’s Largest Miner Reports 65% Decline in Profits to USD 3.26B for Six Months Ended June on Fall-Off in Metal Prices and Demand UK Unemployment Rises to Highest Level [...]

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