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  1. ING Bank forfeits half its QFII quota

    Posted Feb 13th 2004, 12:00am by Staff Reporter

    ... Kong-based spokesman for the Dutch bank. 'We felt at this stage it would be more prudent to invest US$50 million.' The decision was not affected by talks to sell most of ING's Asian equity business to Australia-based Macquarie Bank, he added. The Dutch financial institution intends to retain its QFII licence even after the proposed sale. Analysts say ING's pared quota ...

  2. ING seeks acquisitions in China

    Posted Sep 02nd 2004, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing Dutch-based ING Group is looking to buy a stake in a mainland bank, its chairman said yesterday. Michel Tilmant said that an acquisition would fit ... in the country and if we see an opportunity that fits our requirements, we will look at it seriously.' However, Mr Tilmant declined to comment on local media reports that ING had been in discussions ...

  3. ING quits Asian equities

    Posted Feb 05th 2004, 12:00am by Staff Reporter

    ... Bei Hu, Andrew K. Collier and Anette Jonsson Australia's Macquarie Bank today begins its due diligence on the transfer of the Dutch group's business units Dutch financial group ING is in talks to sell most of its equity business in 10 Asian economies to Australia's Macquarie Bank to focus on more profitable debt, derivatives and mergers and acquisitions ...

  4. ING real estate moves hq to hong kong

    Posted May 27th 2004, 12:00am by Peggy Sito

    ... Peggy Sito ING Real Estate Investment Management, a fund division of Dutch finance giant ING Group, will move its Singapore-based Asian headquarters to Hong Kong ahead of a regional expansion. The fund manager said it would move in about three months, and then double its staff. 'We have a small-scale business in the region. But it's the right time to focus ...

  5. ICAC charges ex-ING fund manager

    Posted Jun 03rd 2004, 12:00am by Eric Ng

    ... Eric Ng Anti-graft agency alleges that the former executive took part in a $6 million stock scam involving small-cap companies A former ING Investment Management fund manager is among four ... the promotion and selling of stocks in small-cap firms. Former ING Investment Management Asia-Pacific (HK) fund manager Adrian Foo Tiang-hock was yesterday charged, along with two brokers and a director ...

  6. ING, Kookmin form life insurance venture

    Posted Jun 03rd 2004, 12:00am by Staff Reporter

    ... Anette Jonsson ING Group has agreed to take a 49 per cent stake in a life insurance company being formed in South Korea by Kookmin Bank, the financial institution said yesterday. Kookmin ... won (HK$16.79 million), will be transferred to KB Life. This comes after ING sold its entire cash equities business in Asia to Australian-based Macquarie Bank in March, which left it to focus ...

  7. Highly trained staff gives Dutch giant edge on rivals

    Posted Apr 18th 2004, 12:00am by Staff Reporter

    ... Staff Reporter The key to Dutch banking giant ABN Amro's success as a private bank in Asia is in the training of its staff. The head of the bank's private banking arm for North ... banking] is a competitive market. The only real difference we can make is through our people- the quality and dedication of your staff... that is important. 'That is why ABN Amro takes ...

  8. Foreign firms line up for CCB stake

    Posted Oct 30th 2004, 12:00am by Staff Reporter

    ... that have submitted proposals for co-operation with CCB include US conglomerate General Electric and Dutch giant ING Group, the world's 15th-largest financial institution, sources said. ... of its restructuring last month. CCB, its listing sponsors Citigroup, China International Capital, Morgan Stanley and ING declined to comment. China is encouraging its banks to tap the stock ...

  9. Guaranteed funds offer investors a stake in the mainland

    Posted Jan 09th 2004, 12:00am by Staff Reporter

    ... telecommunications; consumer and retail; energy and basic materials; banking and financial services; property and conglomerate; and transport and travel industries. ING Investment Management is also launching a China-related guaranteed fund product. The Dutch investment management firm has launched an ING China WTO Guaranteed Fund with upside potential from the consumption boom which increased consumer demand ...

  10. Respect grows from shared wisdom

    Posted Apr 30th 2004, 12:00am by David Evans

    ... ABN Amro, ING Bank, Fortress Bank, Phillips, Heineken and P&O Nedlloyd. A Dutch company was responsible for developing the baggage handling system at Chek Lap Kok airport ... how it manages to operate so efficiently with low fares and no government funding,' explained Cornelis Groeneveld, Deputy Consul-General and head of the economic section at the Dutch ...




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