TMB board approves ING (Bangkok Post)
Working capital This is money which is used to buy stock, pay expenses and finance credit.
TMB board approves ING (Bangkok Post)
Directors of TMB Bank yesterday approved a 35-billion-baht recapitalisation plan that will give ING Bank a 25.1% shareholding. The Dutch financial services group is expected to invest 18 billion baht in a private placement by the country's fifth-largest bank.
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BROKERWATCH ING initiates AmRest with 'buy', 156 zlotys target price (Sharewatch)
WARSAW (Thomson Financial) - ING has initiated coverage of central European fast-food company AmRest with 'buy' and a target price of 156 zlotys, citing good market perspectives.
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BROKERWATCH AP Moller initiated as 'sell' at ING, target price 65,000 dkr (Sharewatch)
COPENHAGEN (Thomson Financial) - ING has initiated coverage of Denmark's AP Moller Maersk with a 'sell' recommendation and a target price of 65,000 dkr.
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Indian, Chinese Investors Most Optimistic In Asia Pacific: ING (Bernama)
BEIJING, Oct 16 (Bernama) -- Investors in India lead the Asia-Pacific region in having confidence in their own economy, followed by those on the Chinese mainland, according to a survey by financial services provider ING.
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Zurich Picks Campbell to Succeed Landry as Canadian CEO (Insurance Journal)
Zurich Financial Services has announced that Robert Landry will retire as head of its Canadian operations at the end of the year. Alister Campbell, previously Senior Vice President at ING, has been ta
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(AFX UK Focus) 2007-10-17 12:45 GMT: ING's SKorea unit aims to triple assets under management in three years (Interactive Investor)
SEOUL (Thomson Financial) - ING Groep's South Korean asset management arm said Wednesday it aims to nearly triple the assets under its management by 2010 to make it Korea's fifth largest player.
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PNC beats third-quarter growth estimates (The Star-Ledger)
After beating earnings esti mates yesterday, PNC Financial Services Group said it expects to close on its acquisition of Yardville National Bancorp in the next few weeks and become an even bigger player in the New Jersey market.
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New CEO named for Zurich's Canadian business (Investment Executive)
Zurich Financial Services Group reports that Robert Landry will retire as head of its Canadian operations at the end of the year. Alister Campbell, previously senior vp at ING, will be appointed chief agent and CEO for Zurich Insurance Co. in Canada, subject to board and regulatory approval.
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Unibail-Rodamco, ING reach interim settlement on delayed Zlote Tarasy project (Sharewatch)
AMSTERDAM (Thomson Financial) - Unibail-Rodamco is to pre-pay ING Real Estate -- part of ING Groep NV -- approximately 190 mln eur for 50 pct of Zlote Tarasy in an interim settlement on the delayed project in Poland, the companies said in a joint statement.
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ING eyes 5-7 pct in S.Korea fund management market (Reuters via Yahoo! Singapore News)
SEOUL, Oct 17 - ING Groep's investment management unit is aiming to more than double its assets to $37 billion in South Korea over the next three years and secure a 5 to 7 percent market share, its executives said on Wednesday.
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TMB board approves ING (Bangkok Post)
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