Summary
ING yesterday posted a fourth-quarter loss of 712 million (GBP 618m) - more than double market forecasts.
The Dutch bancassurer had said it would make a loss after paying back 5 billion in state aid, plus penalties. Analysts said the results cast a shadow over the group's plans to spin off its insurance business and refocus as a leading European retail bank.See the full content of this document
Extract
In Brief: Ing Reveals Surprise Losses of Gbp 618m
ING said it...
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