ING reports 15% decrease in Q1 profit

insurance-business-review.com     May 16, 2008            

ING Group has reported that its net profit for the first quarter of 2008 declined 15.2% to E1.59 billion compared to the same quarter of 2007. For the quarter, underlying profit before tax from insurance decreased 31.2% while banking increased slightly by 1.5%. Net inflow of client balances... [read full story]                

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ING reports profit decline on market turmoil

reuters.com     May 14, 2008          

AMSTERDAM (Reuters) - Dutch financial services group ING Groep NV said on Wednesday its quarterly net profit fell 19 percent, hit by market turmoil and a weaker U.S. dollar during the first three months of the year. First-quarter net profit was 1.54 billion euros ($2.38 billion), compared with...                

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ING reports profit decline on market turmoil

earthtimes.org     May 14, 2008          

AMSTERDAM (Reuters) - Dutch financial services group ING Groep NV said on Wednesday its quarterly net profit fell 19 percent, hit by market turmoil and a weaker U.S. dollar during the first three months of the year. First-quarter net profit was 1.54 billion euros ($2.38 billion), compared with...                

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ING reports Q1 profit decline on market turmoil

reuters.com     May 14, 2008          

By Reed Stevenson AMSTERDAM (Reuters) - Dutch financial services group ING Groep reported a bigger-than-expected 19 percent drop in quarterly net profit, hit by weaker returns from real estate, private equity and market investments. First-quarter net profit was 1.54 billion euros ($2.4 billion),...                

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ING reports Q1 profit decline on market turmoil

earthtimes.org     May 14, 2008          

By Reed Stevenson AMSTERDAM (Reuters) - Dutch financial services group ING Groep reported a bigger-than-expected 19 percent drop in quarterly net profit, hit by weaker returns from real estate, private equity and market investments. First-quarter net profit was 1.54 billion euros ($2.4 billion),...                

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ING reports Q1 profit decline on market turmoil

washingtonpost.com     May 14, 2008          

AMSTERDAM (Reuters) - Dutch financial services group ING Groep reported a bigger-than-expected 19 percent drop in quarterly net profit, hit by weaker returns from real estate, private equity and market investments. First-quarter net profit was 1.54 billion euros ($2.4 billion), compared with 1.89...                

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CORRECTIOIN: ING reports profit decline on market turmoil

earthtimes.org     May 14, 2008          

By Reed Stevenson AMSTERDAM (Reuters) - Dutch financial services group ING Groep reported a bigger-than-expected 19 percent drop in quarterly net profit, hit by weaker returns from real estate, private equity and market investments. First-quarter net profit was 1.54 billion euros ($2.4 billion),...                

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ING reports profit decline on market turmoil

washingtonpost.com     May 14, 2008          

AMSTERDAM (Reuters) - Dutch financial services group ING Groep (ING.AS) reported a bigger-than-expected 19 percent drop in quarterly net profit, hit by weaker returns from real estate, private equity and market investments. First-quarter net profit was 1.54 billion euros ($2.4 billion), compared...                

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ING Groep reports 19 percent fall in 1st quarter net profit

tmcnet.com     May 14, 2008          

AMSTERDAM, Netherlands_ING Groep NV reported a 19 percent fall in first quarter earnings on Wednesday, citing falling valuations of stocks, bonds and real estate. ING also wrote down the market value of some of its U.S. mortgage-related investments by ?3.6 billion (US$5.6 billion) on its balance...                

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ING reports 19 pct drop in 1Q on insurance earns

ibtimes.com     May 14, 2008          

AMSTERDAM, Netherlands (AP) - ING Groep NV reported a 19 percent decline in first-quarter profits Wednesday and wrote down the value of its U.S. mortgage-related investments by $5.6 billion. The write-downs were not booked as a loss because the Dutch bank and insurance company plans to hold on to...                

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ING Groep reports 19 percent fall in 1st quarter net profit

iht.com     May 14, 2008          

ING Groep NV reported a 19 percent fall in first quarter earnings on Wednesday, citing falling valuations of stocks, bonds and real estate. ING also wrote down the market value of some of its U.S. mortgage-related investments by €3.6 billion (US$5.6 billion) on its balance sheet, but didn't book...                

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