ing
ING, the Dutch banking major, said on Monday that it plans to repurchase up to €50 million ($54 million) of common shares. The share repurchase program is for share-based employee compensation plans. The program will start on Monday and is expected to end not later than Friday. On Friday, ING shares closed at $13.78, up 0.44% on the New York Stock Exchange
DPA Breaking News
The ING Group on Thursday said its annual pre-tax fourth quarter profit rose by 31% to €2.247 billion ($2.42 billion) and net results were €1.558 billion. For 2023 the net result was €7.287 billion. while its CET1 ratio, showing common stock held by the bank, remains strong at 14.7%. Further, the company stated that its fourth-quarter income rose 11% year-on-year and net interest income held up well in the quarter. ING also reported a growth of 236,000 primary retail customers in the fourth quarter, combined with stable deposits and growth in lending. "As society transitions to a low-carbon ec...
DPA Breaking News
- Leading fintech provides regulatory compliant digital assets network & custody technology- Strengthens GMEX's MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, July 12, 2022 - (ACN Newswire) - ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor's digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional networ...
ACN Newswire
The Great Resignation in the U.S. continued in February as 4.5 million workers quit their jobs last month, as reported by the Bureau of Labor Statistics on Tuesday. With the phenomenon still looming, there are 5 million more job openings than unemployed individuals in the country. Quitting Phenomenon PersistsAs reported by CNBC, the gap between available jobs and unemployed people increased overall. In February, the number of openings dropped slightly from January to 11.27 million while the number of those categorized as “unemployed” hit 6.27 million, leaving 5 million more vacant positions th...
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