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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
Category : Stocks, World News
FOR
IMMEDIATE RELEASE:
STL Marketing Group, Inc. (OTC: STLK) Names Interim
Directors to Its Board
Colorado Springs, CO— (February
6th, 2013) – STL Marketing Group, Inc. (OTC: STLK) has named two
interim directors to its Board as part of the merger with Versant
Corporation.
Category : Business, World News
Barclays Bank agrees to buy ING Direct UK, taking on its £10.9bn deposits and £5.6bn mortgage book.
Go here to see the original: Barclays to acquire ING Direct UK
Category : Business
Moody’s cuts the long-term credit ratings of Dutch and Belgium banks including ING and ABN Amro, blaming the impact of the eurozone debt crisis.
More: Moody’s cuts Dutch bank ratings
Category : Business, World News
Manchester City have won the Premier League title and are also top of the league when it comes to value for fans, according to ING.
The rest is here: Man City ‘best value for money’
NEW YORK (TheStreet) — Four large European bank U.S. subsidiaries could be on the block following downgrades of 16 Spanish banks by Moody’s Investor Service.
The downgraded Euro holding companies would not be “forced sellers,” since they all have excess capital, according to Bank of America Merrill Lynch analyst Erika Penala, who said in a report on Tuesday that the European holding companies “would only part with their US franchises on attractive terms.”
While it would be a pretty obvious play for European holding companies to shore up their capital by selling their strongly capitalized U.S. subsidiaries, Basel III rules may require banks “to fulfill liquidity requirements in a currency by currency basis, which would put a premium on U.S. denominated deposits for European banks,” Penala said. …
Click to view a price quote on USB.
Click to research the Banking industry.
More: 4 Euro Crisis Targets in U.S. Banks’ Crosshairs
Macdonald Hotels and Resorts is to raise awareness of its progressive policy on food with the hiring of food specialist PR & Communications agency ING MEDIA.
The rest is here: Macdonald Hotels and Resorts Bring in ING MEDIA to Push Food Message
Macdonald Hotels and Resorts is to raise awareness of its progressive policy on food with the hiring of food specialist PR & Communications agency ING MEDIA.
Original post: Macdonald Hotels and Resorts Bring in ING MEDIA to Push Food Message
Updated with early afternoon market action.
NEW YORK (TheStreet) Citigroup analyst Donald Fandetti says that Capital One will see “~16% earnings accretion” from its pending acquisitions of ING Direct (USA) and HSBC’s U.S. credit card portfolio.
The Federal Reserve late Tuesday approved Capital One’s purchase of ING Direct from ING Groep for roughly $9 billion in cash and stock, and Capital One said the merger would be completed “within the next few days.”
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Click to view a price quote on COF.
Click to research the Financial Services industry.Continue reading here: Capital One Has 21% Upside Off ING Deal: Citigroup (Update 1)
Category : Stocks
The Fed delays a planned meeting on Capital One’s (COF +2.4%) controversial bid to buy ING Direct USA (ING +0.3%), rescheduling it to Monday without explanation. COF’s deal caught community groups’ attention and dragged up concerns about banks getting too big, given its ING bid is the biggest bank deal since the financial crisis. 
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