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HSBC Says Performs First Trade Finance Transaction Using Blockchain
HSBC and Dutch bank ING successfully completed the transaction for food and agricultural group Cargill, the British lender said in a statement.
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ING To Cut About 5,800 Jobs Through 2021 To Reduce Costs
The bank expects to save about 900 million euros a year through the program, which includes about 2,300 cuts in the Netherlands and about 3,500 in Belgium.
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ING Selling Stake Worth $300 Million In Kotak Mahindra Bank: Report
Dutch financial services company ING Group is selling a $300-million stake in Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.
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Dutch Prime Minister Mark Rutte Meets PM Modi, Says Netherlands Keen to Invest in India
Dutch companies are keen to invest in India, particularly in sectors like water management, waste management, agriculture, infrastructure, smart cities, banking and pension funds, Netherlands' Prime Minister Mark Rutte said on Friday.
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HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
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Kotak Expects Major Global Cooperation Boost from ING Deal
Post the merger, Dutch financial services giant ING, currently the main promoter of over 80-year-old ING Vysya Bank, would become a shareholder in the merged entity with 6.5 per cent stake and would remain invested for minimum one year.
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Citi India Says Country Needs More, Bigger Banks
As the Reserve Bank of India (RBI) readies for licensing of some niche-segment banks, global banking giant Citibank's India chief, Pramit Jhaveri, said there is room for a larger number of banks in the country, but it also needs lenders that are large in size to compete on a global stage.
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Kotak-ING Vysya Deal: Competition Commission Will Look at Combined Market Share
Under the all-stock deal, ING Vysysa stock has been valued at Rs 790 a share, which is a 16 per cent premium to the 30-day stock price as of November 19, while pegging Kotak Bank at Rs 1,119 a share in similar manner.
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Birla Sun Life Completes Acquisition of ING AMC
Birla Sun Life Asset Management Company Ltd (BSLAMC), a part of Aditya Birla Financial Services group, today said it has completed acquisition of all mutual fund schemes and portfolio management accounts of ING Investment Management India.
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Birla Sun Life to Take Over ING Funds
Birla Sun Life Asset Management Company on Thursday said it is to acquire mutual fund assets from Dutch bank ING Groep NV.
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ING Vysya Life Insurance Becomes Exide Life Insurance
ING Vysya Life Insurance today renamed itself as Exide Life Insurance Company following regulatory approval with the formal exit of the Netherlands-based ING Group from the insurance venture.
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India Ratings upgrades ING Vysya Bank rating; outlook stable
India Ratings said on Wednesday that it has upgraded ING Vysya Bank's rating by a notch on better capitalisation levels and stronger provisioning done in the past.
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ING Vysya Bank to raise Rs 2,000 crore via preferential shares, QIP
Bangalore-headquartered private lender ING Vysya Bank said on Wednesday that it hopes to raise Rs 2,000 crore in fresh capital by the first half of next month through a mix of preferential share allotment to the promoters as well as a qualified institutional placement.
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ING names head of Belgian business as new CEO
Dutch bank and insurance group ING picked Ralph Hamers, head of its business in Belgium and Luxembourg, to succeed Jan Hommen as chief executive, a move that emphasises its focus on Europe following divestments in Asia and US.
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ING sells stake in Vysya Life Insurance
Dutch banking and insurance group ING said on Wednesday it has agreed to sell its 26 percent stake in Vysya Life Insurance to its joint venture partner Exide Industries. ING said the divestment is part of its sale of all of its Asian insurance and investment management operations.
-
HSBC Says Performs First Trade Finance Transaction Using Blockchain
HSBC and Dutch bank ING successfully completed the transaction for food and agricultural group Cargill, the British lender said in a statement.
-
ING To Cut About 5,800 Jobs Through 2021 To Reduce Costs
The bank expects to save about 900 million euros a year through the program, which includes about 2,300 cuts in the Netherlands and about 3,500 in Belgium.
-
ING Selling Stake Worth $300 Million In Kotak Mahindra Bank: Report
Dutch financial services company ING Group is selling a $300-million stake in Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.
-
Dutch Prime Minister Mark Rutte Meets PM Modi, Says Netherlands Keen to Invest in India
Dutch companies are keen to invest in India, particularly in sectors like water management, waste management, agriculture, infrastructure, smart cities, banking and pension funds, Netherlands' Prime Minister Mark Rutte said on Friday.
-
HSBC Set to Cut Thousands of Jobs Globally: Report
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
-
Kotak Expects Major Global Cooperation Boost from ING Deal
Post the merger, Dutch financial services giant ING, currently the main promoter of over 80-year-old ING Vysya Bank, would become a shareholder in the merged entity with 6.5 per cent stake and would remain invested for minimum one year.
-
Citi India Says Country Needs More, Bigger Banks
As the Reserve Bank of India (RBI) readies for licensing of some niche-segment banks, global banking giant Citibank's India chief, Pramit Jhaveri, said there is room for a larger number of banks in the country, but it also needs lenders that are large in size to compete on a global stage.
-
Kotak-ING Vysya Deal: Competition Commission Will Look at Combined Market Share
Under the all-stock deal, ING Vysysa stock has been valued at Rs 790 a share, which is a 16 per cent premium to the 30-day stock price as of November 19, while pegging Kotak Bank at Rs 1,119 a share in similar manner.
-
Birla Sun Life Completes Acquisition of ING AMC
Birla Sun Life Asset Management Company Ltd (BSLAMC), a part of Aditya Birla Financial Services group, today said it has completed acquisition of all mutual fund schemes and portfolio management accounts of ING Investment Management India.
-
Birla Sun Life to Take Over ING Funds
Birla Sun Life Asset Management Company on Thursday said it is to acquire mutual fund assets from Dutch bank ING Groep NV.
-
ING Vysya Life Insurance Becomes Exide Life Insurance
ING Vysya Life Insurance today renamed itself as Exide Life Insurance Company following regulatory approval with the formal exit of the Netherlands-based ING Group from the insurance venture.
-
India Ratings upgrades ING Vysya Bank rating; outlook stable
India Ratings said on Wednesday that it has upgraded ING Vysya Bank's rating by a notch on better capitalisation levels and stronger provisioning done in the past.
-
ING Vysya Bank to raise Rs 2,000 crore via preferential shares, QIP
Bangalore-headquartered private lender ING Vysya Bank said on Wednesday that it hopes to raise Rs 2,000 crore in fresh capital by the first half of next month through a mix of preferential share allotment to the promoters as well as a qualified institutional placement.
-
ING names head of Belgian business as new CEO
Dutch bank and insurance group ING picked Ralph Hamers, head of its business in Belgium and Luxembourg, to succeed Jan Hommen as chief executive, a move that emphasises its focus on Europe following divestments in Asia and US.
-
ING sells stake in Vysya Life Insurance
Dutch banking and insurance group ING said on Wednesday it has agreed to sell its 26 percent stake in Vysya Life Insurance to its joint venture partner Exide Industries. ING said the divestment is part of its sale of all of its Asian insurance and investment management operations.
