Ing

  • ING To Cut 2,400 Jobs, Despite 21 Percent Rise In Profits

    ING To Cut 2,400 Jobs, Despite 21 Percent Rise In Profits

    AMSTERDAM -- Dutch financial services group ING announced deeper job cuts in retail banking as it prepares to separate its banking and insurance operations under the terms of a state bailout. ING is dismantling its once-fashionable bancassurer model after the 2008 bailout, divesting insurance and investment... Continue Reading

  • ING To Cut 2,350 Jobs -- And Doesn't Rule Out More Layoffs

    ING To Cut 2,350 Jobs -- And Doesn't Rule Out More Layoffs

    AMSTERDAM -- ING, the largest Dutch financial services group, is to cut more than 2,000 jobs worldwide as it prepares to separate its banking and insurance operations in difficult markets. The cuts, which equate to 2.5 percent of ING's workforce, come as banks across Europe shed staff in a reassessment of... Continue Reading