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ING Groep NV (ING)

ING on New York Consolidated

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5 Dec 2016
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Thu, Nov 3 2016

UPDATE 2-ING's profits beat forecasts for second quarter in a row

* CEO says company had a record quarter in "challenger" markets

BRIEF-ING Groep expects margins to maintain stable for about 12 mths - conf call

* Expects results to grow much faster in 'disruptive' countries than in benelux - conf call

ING third-quarter beats with underlying result up 22 percent, improving margins

AMSTERDAM ING Groep NV , the largest Dutch bank, on Thursday reported a better-than-expected 22 percent rise in underlying net result for the third quarter, which the company attributed to continued loan growth and higher commission and fee incomes.

BRIEF-Ing Groep Q3 total underlying income up 9 pct to 4.36 billion euros

* Q3 total underlying income 4.36 billion euros (+9pct), gross result 2.14 billion euros (+22 pct)

ING 3Q ahead of expectations; higher commission and fee incomes

AMSTERDAM, Nov 3 ING Groep NV, the largest Dutch bank, on Thursday reported a better than expected underlying net result for the third quarter of 1.34 billion euros ($1.49 billion), which the company said was due to continued loan growth and higher commission and fee incomes.

ING says oil price drop offers chance to expand Middle East business

DUBAI, Oct 27 Dutch bank ING Group is aiming to expand its business in the Middle East where it sees greater demand for bank finance and advisory work after the slump in oil prices, its regional chief executive said.

ING plan to cut 7,000 jobs, spend on digital draws union ire

AMSTERDAM ING Groep's plans to shed 7,000 jobs and invest in its digital platforms to make annual savings of 900 million euros ($1 billion) by 2021, drew swift criticism from unions of the Netherlands' largest financial services company on Monday.

UPDATE 3-ING plan to cut 7,000 jobs, spend on digital draws union ire

AMSTERDAM, Oct 3 ING Groep's plans to shed 7,000 jobs and invest in its digital platforms to make annual savings of 900 million euros ($1 billion) by 2021, drew swift criticism from unions of the Netherlands' largest financial services company on Monday.

ING plans to shed 7,000 jobs, invest in digital platforms

AMSTERDAM, Oct 3 ING Groep, the largest Dutch-based financial services company, said on Monday it plans to shed 7,000 jobs and invest heavily in its digital platforms in order to save 900 million euros ($1 billion) annually by 2021.

BRIEF-ING Groep announces cost-cutting plan

* Investment of 800 million euros ($898.48 million) in continued digital transformation in order to further improve customer experience, accelerate growth in primary customers and lending

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