AMSTERDAM (Reuters) - Dutch financial services group ING , which had to sell assets because it received state aid in the 2008 crisis, said it will renegotiate its restructuring with the European Commission, potentially reducing the extent of the ongoing divestments.
AMSTERDAM/BRUSSELS (Reuters) - Dutch banking and insurance group ING has won more time from regulators to shed assets and repay government aid, avoiding a fire sale but keeping it under state supervision for longer and delaying dividend payments.
Thoughts Worth Thinking submits: In September 2009, I argued that investors should consider ING cumulative preferred shares. I did not, at the time, recommend ING’s common shares, then trading in the $14-$16 range. Now that they are trading around $8 ($8.46 at U.S.
AMSTERDAM (Reuters) - Dutch financial group ING Groep NV will leave 10 of the 48 countries it currently operates in and sell 10 to 15 businesses over the next three to five years, Chief Executive Jan Hommen said on Thursday.
By Lalit Sharma:The following is a list of eight large cap financial services companies with atleast 50% upside according to mean sell side price target.
Ticker Company Name Market Cap Price Target % Diff. from Current Price