ING Group

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  • ING Said to Pick Second-Round Bidders for Asset Management Unit

    Source: Bloomberg

    Manulife Financial Corp. and Principal Financial Group Inc. were invited to make second-round bids for ING Groep NV’s asset-management business in Asia, said three people with knowledge of the matter. United Overseas Bank Ltd. and Nikko Asset ...

  • Macquarie, UOB place bids for ING Asia arm: sources

    Source: Reuters

    Macquarie Group (MQG.AX), U.S.-based Principal Financial Group (PFG.N) and Singapore's United Overseas Bank (UOBH.SI) are among suitors that have submitted bids for ING's (ING.AS) Asian asset management business in a deal that may be worth ...

  • ING posts 1Q12 underlying net profit of EUR 705 million

    Source: Market Wire

    ING Group 1Q12 net profit totalled EUR 680 million, including the impact of divestments and special items * Bank underlying result before tax increased 65.1% from 4Q11 to EUR 1,126 million, helped by lower impairments. Results include EUR -304 million of ...

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