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... [read full story]                    


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