ING Group N.V. News
Danske Bank Says US SEC Probing Money Laundering Allegations Alongside DoJ
Danske Bank shares traded sharply lower Thursday after the Nordic lender said it was in active discussions with the U.S. Department of Justice amid a criminal investigation into allegations of money laundering at one of its branches in Estonia.
Standard Chartered Slumps Amid Reports of $1.5 Billion Iran-Dealing Fine
Standard Chartered shares fell to the lowest level in nearly two years Tuesday amid reports that the emerging markets-focused investment bank could face a fine as high as $1.5 billion for violating U.S. sanctions on Iran.
Danske Bank CEO Resigns Amid $234 Billion Money-Laundering Scandal
Danske Bank shares slumped to a four-year low Wednesday after the Danish lender said its CEO would resign following a probe into money laundering at one of its branches in Estonia.
Fin-Tech Startup Catches Attention of Intel, Big Banks
How one privately held blockchain turned an advisory services agreement into $107 million in equity financing from some of the world's top financial institutions and tech companies.
ING Groep Tops First Quarter Earnings Estimate as Wholesale Banking Impresses
ING Groep, the largest lender in the Netherlands, posted stronger-than-expected first quarter earnings thanks in part to a solid performance from its wholesale banking division.
Cash Out: Study Suggests Carrying Paper Money Going the Way of the Dodo
People are more likely to go cash-free thanks to electronic payment options.
European Banks Hit Hard As Bonds Rally, ECB Cautions on Early Stimulus Exit
European bank stocks led declines across the region Wednesday amid a rally in global bond markets and a U.S.-led pullback in equity markets.
European Stocks Slide as Global Markets Reverse 'Trump Rally' Optimism
European stocks fell sharply across the board Wednesday as the global 'Trump Trade' rally stalled amid increasing concerns the President can deliver on their ambitious stimulus and reform plans.
ING Could Face 'Significant' Fines in Money Laundering Probe
ING Group said Wednesday that it could face "significant" fines related to money laundering investigations in both Europe and the U.S. after the probes were made public in Dutch media.
Gas Prices Fall Below $4 A Gallon For the First Time Since March Amid Global Crude Market Declines
Gas prices extended their run of declines to 52 days overnight, falling below $4 a gallon for the first time since early March.
Disney Stock Soars As Streaming Total Tops Netflix, Price Hikes Unveiled For Disney+ and Hulu
"We believe we have plenty of room on price value," Disney CEO Bob Chapek said of the group's streaming price hikes. "And we do not believe that there's going to be any meaningful on our churn as a result."