The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: ING Group

The Deal Economy: BATS listed, CBOE investigated, AIG Criticised, Deals net $4 bln! | Deal Insight

The Deal Economy showed up fatigue even as Temenos got tired of bidding for Misys and CBOE was put under investigation for its large bank clients misusing multiple platforms including … Continue reading

March 12, 2012

Capital One jumps ahead in the USA | Banking Insight

The real consumer banking wars have begun with the Bank of America / JPM Chase wars enjoined by the new #3 Capital One. Capital One’s $2.6 bln purchase of HSBC’s … Continue reading

March 10, 2012

Welcoming Capital One: The 5th largest bank by deposits gets the Deal done | Banking insight

No one is sure how closely the Fed watched the line items even as it told the acquirer Cap One to take a close look at its kending and collection … Continue reading

February 15, 2012 · 2 Comments

A bank by any other name? look no further..| Bank Insight

Retail Banking habit in the world uncluttered by Mobile Banking and cross channel marketing as also the banking crisis of 2008 that still continues in Europe, US and now Asia, … Continue reading

February 2, 2012 · 3 Comments

ING to sell $6 bln Asian operations | Executive Insight

The insurance assets have to be separated from banking as per a covenant with the Dutch government. additionally ING has to reurn $5 bln to the Dutch government before it … Continue reading

January 16, 2012 · 2 Comments

The "no dividend" ING strategy | Banking Insight

For some strange reason the media reports of ING’s latest commitment to return government equity is tracked as “Banking Strategy” no doubt a nonsensical use of our blog’s typonym While … Continue reading

January 14, 2012 · 3 Comments

Too many private label cards? Capital One awaits tentatively on HSBC buy

Hat Tip: ( Kohls-COF)  (COF – HSBC) As the HSBC purchase for $30 bln gets into “TBTF” issues though funded by good deposits of $80 bln from ING direct … Continue reading

December 12, 2011 · 5 Comments

Deutsche Bank follows ING and HSBC, disengages from the USA

While it was a business decision as promised performance failed to fructify in India, and DB sold its credit card assets to local player IndusInd, others like HSBC and ING … Continue reading

November 29, 2011 · 6 Comments

Capital One bids: And sold for $32.7 bln ..HSBC Credit Cards

The HSBC USA portfolio fo $30.4 bln in Credit cards that including the HHI portfolio profit of $300 mln for the half year grew profits of close to $600 mln (EBIT, contrary to the … Continue reading

August 10, 2011

Capital One bids: A profitable HSBC Credit Cards unit and we are a bigger bank

I hope you can keep up with us and give us a pat now and then for the tough financials we decode to give you an accurate market wrenching analysis … Continue reading

August 9, 2011 · 1 Comment