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ING said in March it had around €700m in loans affected by sanctions on Russian entities and individuals

ING misses Q1 profit estimates due to Russia hit

ING Groep, the largest Dutch bank, has today reported a worse than expected quarterly net income of €429m, including a surge in provisions for bad loans due to its exposure in Russia and Ukraine.

Business • 06 May 22

ING has wholesale banking operations in Russia with around 400 employees and has around 100 employees in Ukraine

ING says €700m in loans affected by Russian sanctions

Dutch bank ING today provided an update on its exposure in Russia and Ukraine, saying that about €700m in outstanding loans were "affected" by "new sanctions on Russian specific entities and individuals" by Europe and the US.

Business • 04 Mar 22

83% of Commerzbank employees are against a merger with Deutsche Bank, according to preliminary results of a poll

Commerzbank staff give thumbs down to Deutsche deal

About 83% of Commerzbank employees who took part in a staff survey are against a merger with Deutsche Bank, according to preliminary results of the poll seen by Reuters today.

Business • 17 Apr 19

The Commission has stopped short of setting up a new agency to tackle financial crime as called for by the European Central Bank

EU proposes tighter money laundering supervision

The European Commission has recommended changes to banking supervision following a series of high-profile money laundering cases.

Business • 12 Sep 18

The Dutch bank said last week it had failed to prevent money laundering for years

ING CFO Timmermans to step down after $900m fine

ING said its Chief Financial Officer was stepping down amid a public backlash after the Dutch bank said last week it had failed to prevent money laundering for years.

Business • 11 Sep 18

ING is being targeted by Dutch prosecutors in a criminal investigation into money laundering and corruption

ING discloses Dutch criminal probe

ING disclosed in its annual report that it is being targeted by Dutch prosecutors in a criminal investigation into money laundering and corruption that could result in significant fines.

Business • 22 Mar 17

ING reported Q4 pretax profits of €783m, down from €904m the same time a year earlier

ING to pay first dividend in seven years

Dutch banking group ING today posted results that missed analysts' expectations for fourth quarter pretax profit due to one-off charges.

Business • 11 Feb 15

ING said it would invest around €200m in its IT systems between 2015 and 2017

ING cuts 1,700 jobs as part of digital push

Dutch bank ING is to scrap 1,700 jobs over the next three years as part of an online banking push.

Business • 25 Nov 14

ING reports underlying pretax profits of €1.278 billion for the second quarter

ING beats second quarter earnings expectations

The banking arm of Dutch financial giant ING beat earnings forecasts in the second quarter of the year.

Business • 06 Aug 14

ING reports better than expected third quarter net profit of €101m

ING may leave state rescue two years early

ING said today that it should complete its restructuring two years ahead of schedule.

Business • 06 Nov 13

ING in new deal with EU over state aid

ING Group has agreed a deal with European regulators on when it will repay the remaining €3 billion it still owes in state aid.

Business • 19 Nov 12

ING's third quarter profits drop to €609m from €1.7 billion last year

ING to cut jobs as third quarter profits drop

ING Group, the Dutch bank and insurance company, today revealed plans to cut 2,350 jobs after a sharp drop in third-quarter profits.

Business • 07 Nov 12

ING sells ING Direct UK at €320m loss

UK banking giant Barclays has agreed to buy savings and mortgage business ING Direct UK in a deal that will see it add another 1.5 million customers.

Business • 09 Oct 12

ING's Q2 net profit down to €1.17 billion from €1.5 billion

ING's quarterly earnings fall on bad loans

Buffeted by Europe's debt crisis, ING has today reported a 23% fall in second quarter earnings.

Business • 08 Aug 12

ING