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Stock Market & Financial Investment News

News Breaks
March 31, 2014
06:26 EDTINGING aims to resume dividend as quickly as FY15, Bloomberg says
ING is aiming to resume its dividend payments as quickly as next year after a five-year stand-still, according to Bloomberg, citing a company statement. The company said dividend payouts should increase to at least 40% of net income by FY17. Reference Link
News For ING From The Last 14 Days
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July 25, 2014
06:40 EDTINGLoan write down standards changed for non-U.S. banks, NY Times says
A new accounting rule will enable banks outside of the U.S. to write down the value of loans earlier but could cause loans to become less attractive for those banks, according to The New York Times. The rule was issued by the International Accounting Standards Board, whose guidelines are followed in more than 100 countries but not in America, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS).Reference Link

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