Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on January 26, 2009, 11:01:07 AM

Title: ING to take government guarantees, CEO steps down (Reuters)
Post by: riky on January 26, 2009, 11:01:07 AM
ING to take government guarantees, CEO steps down
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090126/2009_01_26t035904_450x318_us_ing.jpg?x=130&y=91&q=85&sig=s6h4DLlEWH1H71AAwUesMQ--" align="left" height="91" width="130" alt="The headquarters of Dutch bank and insurance group ING is pictured in Amsterdam in this file photo taken February 29, 2008. Dutch financial group ING will take a 2008 loss of 1 billion euros and will tap into a Dutch state guarantee for its troubled loan portfolio, it said on January 26, 2009, adding its Chief Executive Michel Tilmant will step down. (Toussaint Kluiters/United Photos/Files/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090126/bs_nm/us_ing)Reuters - Dutch financial group ING  will take a 2008 loss of 1 billion euros ($1.3 billion) and will tap into 22 billion euros of Dutch state loan guarantees for its troubled loan portfolio, it said on Monday.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090126/bs_nm/us_ing