Entries tagged "ING"
The latest rumors and reports of layoffs include ING and Capital Group.
The latest layoff reports and rumors in finance are at MassMutual Financial Group, ING Groep and law firm Hunton & Williams.
Citigroup Inc. is reorganizing its investment bank, forming an "alternative asset group" to bring together its groups' servicing private equity and infrastructure funds. ...
Rumor had it that Citigroup Inc. was going to start divesting assets as it continues to feel the pain of the credit crisis. While speculation last week surrounded its German business, it turns out the latest to go is apparently benefits service unit CitiStreet LLC, a joint venture with State Street Corp., which will be acquired by Dutch insurer, ING Groep NV for $903 million. ...
According to the fifth annual World Retail Banking Report released Wednesday by Capgemini plc, ING and the European Financial Management and Marketing Association, banks could lose up to 36% of their projected net income by 2017. ...
