Business
2 Barings Executives Quit: Internationale Nederlanden Groep, the Dutch conglomerate that now owns the 233-year-old British investment bank, said it accepted the resignations of Chairman Peter Baring and Deputy Chairman Andrew Tuckey.
April 4, 1995
Technology and the Internet
Aetna Inc. is in talks on the sale of its financial services and international businesses to Dutch insurer ING Groep, the companies said.
June 1, 2000
Montgomery Securities is in talks to sell itself to NationsBank Corp. for about $1.2 billion, though the securities firm expects to receive a higher bid from ING Groep, people familiar with the talks said.
June 27, 1997
ING Groep said it took a $14.1-billion write-down on acquisitions under U.S. accounting rules, showing that companies the Dutch bank and insurer bought in 2001 are performing worse than expected.
March 18, 2003
ING Groep, the largest Dutch financial services company, agreed to buy ReliaStar Financial Corp. for $6.1 billion, in a move that would boost its premium income from life insurance by 50% in the U.S. and assist its entry into the fast-growing 401(k) pension market.
May 2, 2000
ING Groep, the largest Dutch financial services firm, plans to shed 1,600 jobs at its U.S. insurance unit, or 15% of the work force, as $13.8 billion of purchases failed to increase profit as much as the company expected.
Dec. 7, 2001
An online bank with $2.5 billion in assets was shut down by the government because of an unsustainable level of mortgage defaults.
Sept. 29, 2007
The board of insurance giant Aetna is expected to meet this week to discuss whether to consider a $10.5-billion offer to sell itself to Dutch insurer ING Groep and Thousand Oaks-based Wellpoint Health Systems or other alternatives.
March 6, 2000
CalPERS Returns to Bond Manager: The California Public Employees Retirement System has restored management of $1 billion in fixed-income assets to Internationale Nederlanden Groep, a spokesman for the $78-billion pension fund said.
March 28, 1995
Jefferies & Co., a Los Angeles-based securities firm, said it hired Roy Furman from ING Barings to be a vice chairman.
May 8, 2001