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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: ING

ING stories: 1 news summaries

Huge Losses at ING Bring
New CEO, 7K Job Cuts

Dutch banking giant posts $2.6B in quarterly loss, against asks government for help

Jan 26, 09 8:32 AM CST
(Newser) - ING posted a $2.6 billion quarterly loss today, leading the banking giant to replace its CEO, fire 7,000 employees, and seek new guarantees from the Dutch government. The request for state aid is ING’s second in three months, and the bank said it might even need a... More »

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layoffs • subprime mortgages • Netherlands • Alt A loans • Dutch government • bailout • ING

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