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Institutional FX

CLSNet Enlists BNY Mellon, ING to Enhance FX Transaction Handling

  • Big banks join the service for efficient currency transaction processing.
  • CLSNet's growth and adoption enhance FX market risk management.
Thursday, 18/01/2024 | 09:42 GMT by Damian Chmiel
FinTech

ING Taps Worldline for Multiyear Deal in Cards Issuing

  • ING outsources card issuing processes to cut operational costs.
  • Wordline will be responsible for card issuance in Benelux and Germany.
Monday, 30/01/2023 | 10:29 GMT by Damian Chmiel
Executive Moves

Ebury Selects Victor Radu Roşu as Its Country Manager for Romania and Bulgaria

  • Radu Roşu brings more than twenty years of financial experience to the role.
  • He will manage the Romanian and Bulgarian operations from Ebury’s office in Bucharest.
Thursday, 24/03/2022 | 08:24 GMT by Tom Hazan
Executive Moves

ING Secures Marnix van Stiphout as COO and CTO

  • Marnix Van Stiphout will succeed Roel Louwhoff, who stepped down from the Management Board Banking on 1 August 2021.
Tuesday, 24/08/2021 | 11:55 GMT by Tom Hazan
Institutional FX

Taiwan’s Central Bank Has Reportedly Lifted FX Curbs on ING and ANZ

  • Earlier this year, Taiwan punished several banks for their involvement in currency speculation.
Thursday, 22/07/2021 | 09:02 GMT by Bilal Jafar
Institutional FX

ING Plans to Cut 1,000 Jobs as It Misses Q3 Estimates

  • The bank posted €788 million in profits, compared to the estimated €844 million.
Thursday, 05/11/2020 | 08:19 GMT by Arnab Shome
Regulation

ING Faces Fresh Money Laundering Allegations in Italy

  • The Bank of Italy ordered the Dutch firm to stop taking on new clients over the weekend
Monday, 18/03/2019 | 13:18 GMT by David Kimberley
Technology

ING Signs Five Year Deal with Blockchain Technology Firm R3

  • The Dutch firm has been working with the blockchain technology company for over three years
Tuesday, 22/01/2019 | 11:26 GMT by David Kimberley
Execution

Natixis, Rabobank Perform Commercial Paper Trade Over Blockchain

  • Worth EUR 100,000, the deal was carried out using R3's Corda.
Thursday, 06/12/2018 | 11:10 GMT by David Kimberley
Payments

HSBC, ING Carry Out First Trade Finance Blockchain Deal

  • The two banks helped facilitate a deal between Tricon Energy USA and Reliance Industries.
Monday, 05/11/2018 | 16:10 GMT by David Kimberley
Executive Moves

ING CFO to Step Down After $900 Million Money Laundering Fine

  • Koos Timmermans will remain in his position until a replacement is found.
Tuesday, 11/09/2018 | 08:05 GMT by Celeste Skinner
Regulation

ING to Pay $5 Million to Settle Misconduct Charges on NYSE

  • This is the second announcement of a fine against the bank this week.
Friday, 07/09/2018 | 06:35 GMT by Celeste Skinner
News

TradeIX Closes Investment Round of $16 Million

  • The investment round was led by ING Ventures, the venture capital arm of ING Bank.
Friday, 22/06/2018 | 16:09 GMT by Celeste Skinner
News

Credit Suisse and ING Group Transfer Securities Worth €25m via Blockchain

  • A new type of account was used to make the transfer instantaneous.
Thursday, 01/03/2018 | 10:41 GMT by Simon Golstein
News

First Blockchain-Based Agricultural Commodity Trade Completed

  • By digitizing the process using blockchain, the necessary verification time was reduced by five times.
Monday, 22/01/2018 | 17:51 GMT by Arnab Shome
Execution

ING Teams Up with Bloomberg to Launch New Emerging Markets FX Indices

  • The new indices will feature a basket of 12 equally weighted EM currencies vs the USD.
Thursday, 03/08/2017 | 10:42 GMT by Jeff Patterson
Executive Moves

Trading Places: Synergy FX Gets New Head, Banks See Shuffle of Personnel

  • Catch up on the latest moves of the previous week from across the financial services industry.
Sunday, 11/12/2016 | 08:32 GMT by Jeff Patterson
Executive Moves

ING Bank Strengthens Debt Syndicate Team with Winston Tay Hire

  • Mr. Tay joins the group as its Head of Asian debt syndicate in Singapore.
Wednesday, 07/12/2016 | 16:01 GMT by Jeff Patterson
Executive Moves

Trading Places: Financial Commission Gets New DRC Member, Nasdaq Taps CEO

  • Catch up on the latest moves from around the financial services industry.
Sunday, 20/11/2016 | 08:13 GMT by Jeff Patterson
Executive Moves

ING’s Former FX Head of Sales, Emeryc Kpenou Parts Ways with Lender

  • Kpenou is leaving ING, having formally headed its FX Sales unit in London.
Friday, 18/11/2016 | 15:23 GMT by Jeff Patterson
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