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.
Surprise: Tesla Has a New Vehicle for the Holidays
EV leader Tesla had indicated in January that it would not introduce a new vehicle to the market in 2022.
Elon Musk Shakes Up USA-Russia Talks Over Brittney Griner
Tesla's billionaire CEO is calling on the Biden administration to make a move against the mass incarceration of people for weed.
Stock Market Today - 8/11: Stocks End Mixed As Cooling Inflation Slows Fed Rate Bets
Stocks finished the day mixed as investors reappraised inflation concerns and the potential impact on interest rates.
Royal Caribbean Follows Norwegian in Making Huge Covid Move
Royal Caribbean cruise line has slowly returned to its prepandemic normal, and Carnival Cruise is likely to follow on soon.