ING Cutting 2,350 Jobs as Quarterly Profit Slides 64 Percent
International insurer reportedly plans to sell foreign units in Hong Kong, Thailand, Malaysia and China as well.
INN Breaking News, November 7, 2012
ING Groep NV, the biggest Dutch financial-services company, will cut 2,350 jobs in its banking and insurance units after reporting a 64 percent slump in third- quarter profit.
All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.