Report

ING : Like a missed opportunity…

>An update with no real scoop - Yesterday, ING presented an update of its Think Forward strategy plan, and provided, as expected, little new information.The group reiterated all of its main financial targets, i.e. fully-loaded Basel IV CET1 target of over 13.5%, leverage of over 4%, underlying RoE of 10-12%, an underlying cost-income ratio of 50-52% and a gradual increase in the dividend.The only point where ING seems to have changed tack is, unfortunately, ...
Underlying
ING Groep NV

ING Groep is a global financial institution based in the Netherlands. Co. is engaged in offering a wide range of retail and wholesale banking services to customers in over 40 countries across Europe, the Americas, Asia and Australia. In addition to the basic banking services of lending, payments and cash management and treasury, Co. provides tailored banking solutions in areas including corporate finance, commercial finance (factoring), equity markets and debt capital markets to help clients achieve their business goals. Co.'s operations are organized along five segments: Retail Netherlands; RetailBelgium: Retail Germany: Retail Other; and Wholesale Banking.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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