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Results 1 - 10 of 5765 for dutch bank ING

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  1. Business - Banking & Finance - ASSET SALE

    Richard Li close to a deal on ING's insurance units

    Posted Oct 19th 2012, 12:00am by Bloomberg

    ... Bloomberg The Dutch bank will part with its Hong Kong and Thai business for as much as US$2.2b Richard Li close to a deal on ING's insurance units ING Group, under European Union ... bring ING a step closer to fulfilling conditions stemming from its government bailouts in 2008 and the year after. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance ...

    http://www.scmp.com/business/banking-finance/article/1064443/richard-li-close-deal-ings-insurance-units
  2. Business - China Business

    Business Digest, November 8, 2012

    Posted Nov 08th 2012, 12:00am by STAFF, AGENCIES

    ... on speculation the firm would benefit from the new measures supporting clean-energy vehicles in China. BYD shares finished up 10.63 per cent at HK$19.36. Jeanny Yu   ING, Commerzbank set to cut jobs ING, the biggest Dutch financial-services company, will cut 2,350 jobs in its banking and insurance units after a 64 per cent slump in third-quarter profit. Net income dropped to €609 million (HK$6 ...

    http://www.scmp.com/business/china-business/article/1077423/business-digest-november-8-2012
  3. Business - Banking & Finance

    ING Group sells Hong Kong, Macau, Thai insurance units to Richard Li

    Posted Oct 19th 2012, 01:41pm by Lulu Chen and Bloomberg

    ... (HK$16.59 billion), as the Dutch banking group scrambles to meet improve liquidity and capital adequacy ratios. The deal, estimated at nine times estimated book value, is expected to bring ING ... 270,000 customers. In Thailand, ING has about 480 employees and more than 4,000 tied agents. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance business to Hong Kong-based ...

    http://www.scmp.com/business/banking-finance/article/1064802/ing-group-sells-hong-kong-macau-thai-insurance-businesses
  4. Business - Banking & Finance

    AIA, Manulife lead the charge for ING's Southeast Asian assets: sources

    Posted Aug 29th 2012, 02:06pm

    ... Denny Thomas INSURANCE ING is exploring a separate sale of its roughly US$1 billion Hong Kong insurance business, sources said, a move that could further complicate the auction of its Asian operations. The Dutch insurer is selling its Asia divisions to repay a 2008 government bailout. It failed to secure a single buyer for the entire Asian group, valued at about US$7 billion. ...

    http://www.scmp.com/business/banking-finance/article/1025402/aia-manulife-lead-charge-ings-southeast-asian-assets
  5. Business - Companies - ACQUISITIONS

    Richard Li pays US$2.1b for ING's insurance assets

    Posted Oct 20th 2012, 12:00am by Lulu Chen, Ray Chan

    ... In Thailand, the company has about 480 employees and more than 4,000 agents. Earlier this month, the Dutch banking group agreed to sell its Malaysian insurance business to Hong Kong-based insurer AIA ... Lulu Chen and Ray Chan Deal to provide platform for investment push into mainland and Southeast Asian markets Richard Li pays US$2b for ING's insurance assets Richard Li Tzar-kai ...

    http://www.scmp.com/business/companies/article/1065362/richard-li-pays-us21b-ings-insurance-assets
  6. Quick sale tipped for ING's stake in fund house

    Posted Jun 18th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com ING Group, which is looking to sell its Asian asset management and insurance businesses, has drawn keen interest from a clutch of bidders for its ... the younger son of Asia's richest man Li Ka-shing, have shown an interest in acquiring ING's stake in China Merchants Fund Management, which is expected to be valued at around US$200 ...

    http://www.scmp.com/article/1004287/quick-sale-tipped-ings-stake-fund-house
  7. Business - Banking & Finance - MUTUAL FUNDS

    Interest in China's once lucrative mutual fund sector wanes

    Posted Nov 12th 2012, 12:00am by Daniel Ren

    ... The Dutch financial company recently sold its 33 per cent of China Merchants Fund Management to two Chinese partners- China Merchants Bank and China Merchants Securities- for US$128 million. ... interest. ING's decision to sell its stake in China Merchants Fund mainly stemmed from its need to generate funds for repaying part of the bailout money it received from the Dutch government ...

    http://www.scmp.com/business/banking-finance/article/1080280/interest-chinas-once-lucrative-mutual-fund-sector-wanes
  8. MIDDLE EAST

    Arafat’s remains said to be exhumed on Tuesday

    Posted Nov 24th 2012, 08:39pm by Associated Press in Ramallah, West Bank

    ... Associated Press in Ramallah, West Bank The remains of former Palestinian leader Yasser Arafat will be exhumed on Tuesday as part of a renewed investigation into his death, a Palestinian ... tomb in Arafat’s former government headquarters in the West Bank city of Ramallah. The Palestinian Authority, the self-rule government in the West Bank, had hesitated before agreeing to exhume ...

    http://www.scmp.com/article/1090044/arafats-remains-said-be-exhumed-tuesday
  9. BANKING

    GE considering future of its 33 pc stake in Bank of Ayudhya: sources

    Posted Sep 17th 2012, 02:46pm

    ... elections in July 2011 are seen as the factors luring foreign banks to the Southeast Asian economy. GE’s review of the Bank of Ayudhya stake comes as ING Groep explores the sale of its 31 per cent holding in Thailand’s TMB Bank, valued at around US$756 million. ING, which is selling assets to help repay a 2008 rescue by the Dutch government, has also hired an investment bank to help find ...

    http://www.scmp.com/article/1039064/ge-considering-future-its-33-pc-stake-bank-ayudhya-sources
  10. HK ideal as gateway to Asia

    Posted Mar 02nd 2012, 12:00am

    ... spanning finance and banking to trading, manufacturing, design and education. There are, according to the Netherlands consulate, an estimated 6,000 Dutch nationals living in Hong Kong. 'Dutch ... is also country manager for ING Bank in Greater China. 'It is perfectly placed as the gateway to Asia proper. The chamber, together with the consulate, are working hard to get that message ...

    http://www.scmp.com/article/994206/hk-ideal-gateway-asia

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