• Sat
  • Aug 23, 2014
  • Updated: 5:11pm

ING Group

Lean bonus for London's bankers

Bankers in London, the hub for securities firms in Europe, are bracing for lower bonuses compared with their New York counterparts as earnings from the region plummet and pressure to tighten payouts mounts.

Wednesday, 28 November, 2012, 2:34am

Interest in China's once lucrative mutual fund sector wanes

The exit of ING Group from one of the mainland's earliest securities investment joint venture marks overseas players' waning interest in the once-vaunted mutual fund market.

12 Nov 2012 - 4:27am

Business Digest, November 8, 2012

BYD stock jumps over 10pc on policy hopes

Shares in BYD, the Warren Buffett-backed car maker, surged more than 10 per cent yesterday, extending a six-day rise to nearly 30 per cent, 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  

8 Nov 2012 - 2:22am

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

ING Group said it has agreed to sell its Hong Kong, Macau and Thailand insurance businesses to Richard Li Tzar-kai’s Pacific Century Group (PCG) for HK$16.59 billion.

19 Oct 2012 - 6:08pm

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

ING Group, under European Union orders to divest assets, is near an agreement to sell its Hong Kong and Thailand insurance businesses to Richard Li Tzar-kai, three people familiar with the matter said.

19 Oct 2012 - 3:33am

Asset deals spark rush for AIA shares in heavy trade

AIA Group's shares hit a new high yesterday after news that the third-largest Asian-based insurer was buying ING Group's Malaysian and Thai businesses.

AIA rose 3.6 per cent to a record HK$29.95, before easing to close with a gain of 2.25 per cent at HK$29.55.

It was also the second most-traded stock, with 46 million shares worth HK$1.35 billion changing hands.

4 Oct 2012 - 3:10am

career tracker

Josephine Chan, managing director - SCMP Magazines, SCMP Group

28 Jul 2012 - 12:00am

Quick sale tipped for ING's stake in fund house

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 one-third stake in a mainland joint-venture fund house, industry sources say.

18 Jun 2012 - 12:00am

career tracker

Laurence Lo, vice-president - business development Asia-Pacific, Pictet Asset Management

22 Oct 2011 - 12:00am

Regulators clamp down on offerings by banks

More than a dozen commercial city banks on the mainland that had been looking to raise capital in the stock market will have to shelve their initial public offering plans as Beijing, fearing an influx of bad loans, prepares to tighten review procedures.

13 Aug 2011 - 12:00am

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