When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ING - ING May Be Through The Worst Point Of The Cycle
ING Group N.V.
Not a lot has gone right for INGGroep (ING) in 2019. Despite being generally regarded as a well-run bank, ING has gotten caught up in and dragged down by most of the same macro challenges that have hurt other banks, including sluggish GDP growth across much of its operating area, political turbulence, and even weaker rates. At the same time, ING has been dogged by some more company-specific issues including higher compliance expenses, a high retail (and retail spread) skew, and a higher reliance on swap rates.