ING's banking operations will become more efficient with the full focus of management.
ING posted a good set of underlying numbers for its first quarter, supported by healthy core revenue generation. Total revenue came in at EUR 4.4 billion, an increase of 8% year over year. Underlying results benefited from robust net interest income, which was 3% higher compared with last year thanks to growth in the mortgage book. However, the low-interest-rate environment continues to be a drag on overall interest income overall. Other income was also supportive, increasing to EUR 314 million ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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