TITLE

ING Planning to Exit 10 Countries

AUTHOR(S)
Jones, Marc
PUB. DATE
July 2009
SOURCE
Best's Review;Jul2009, Vol. 110 Issue 3, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of ING Financial Services to pull out its business operations in ten countries. According to spokeswoman Carolien van der Giessen, the scheme divestment is part of their new overall strategy of focusing on main franchises. The group also gained an underlying net loss of $235.8 million in 2008 due to the decreasing asset prices and market volatility.
ACCESSION #
43154301

 

Related Articles

  • Retail Mutual Fund Operations Of ING U.S. Combined, Re-Branded.  // Insurance Advocate;3/11/2002, Vol. 113 Issue 10, p39 

    Reports the rebranding of the mutual fund operations of ING U.S. Financial Services Funds as ING Funds on March 1, 2002.

  • COPING WITH AN UNCERTAIN MARKET. Kaushik, Manu // Business Today;12/14/2008, Vol. 17 Issue 25, p118 

    The article presents the ways on how investors cope with their business losses in India. Manoj Gumani believes in his investment strategy and in spreading business risk to succeed. Abhiraj Jalota notes that he will not get out of the stockmarket just because everybody is selling. Rajesh Ramani...

  • Container arm sell-off was a must, says DHL. Perry, Dominic // Motor Transport;1/18/2010, p7 

    The article focuses on the statement of DHL Express Inc. clarifying the acquisition its container haulage business by Maritime Transport in order to retain its market from collapse or turnover in Great Britain.

  • ING Adopts Tools for Morningstar Advice.  // American Banker;11/11/2002, Vol. 167 Issue 216, p7 

    Reports on the alliance between ING U.S. Financial Services Funds, the American operation of the Dutch banking and insurance company ING Group NV and Morningstar Associates LLC, the provider of investment advice. Purpose of the deal; Conditions of the deal.

  • Common Fund puts lending loss in the past.  // Pensions & Investments;11/10/1997, Vol. 25 Issue 23, p66 

    Presents information on the $18.4 billion Common Fund, focusing on the recovery of the fund from its $138.5 million loss in a securities lending program in July 1995. Impact of the 1995 loss; Reorganization of Common Fund since the loses were discovered; Details on the changes to the Common Fund.

  • Strategic crossroads for the CA profession. Glover, Steve // CA Magazine;Apr2004, Vol. 137 Issue 3, p5 

    Reports on the Council of Senior Executives (CSE) establishment of a task force to develop a new strategic plan for the profession of chartered accountancy. Development of a plan that identifies the component of the financial and business markets for chartered accountants of Canada to be market...

  • ING Hopes Fund Rebranding Raises Profile . Hunter, Matthew // American Banker;3/5/2002, Vol. 167 Issue 43, p9 

    Reports that ING U.S. Financial Services has merged its two retail mutual fund units Aetna and Pilgrim under the name ING Funds to increase sales. Investment policies of the merged units; Acquisitions of the two units by ING; Reasons for the decreased performance of the company in mutual funds...

  • ING examines cloud computing. Brodkin, Jon // Network World;4/20/2009, Vol. 26 Issue 15, p10 

    The article reports on the move of ING Financial Services led by senior vice president Alan Boehme in examining the cloud computing in the U.S. According to Boehme, the examination reveals that cloud services allow an easier way to scale resources. However, using it in business, companies need...

  • Two Companies Earn the 2008 CATALYST AWARD.  // Profiles in Diversity Journal;May/Jun2008, Vol. 10 Issue 3, p14 

    The article discusses the innovative approaches taken by two companies to the address the recruitment, development and advancement of managerial women, which earned them the Catalyst Award. The initiatives include ING U.S. Financial Services "Beyond Diversity: Building One ING Culture" and...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics