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$68 Billion Dutch ING Bank to Cut 230 Jobs in Wholesale Banking Focusing on Directors & Managing Directors in Commercial Front Office Roles Citing Too Many Senior Roles, Current Market Value at $68 Billion, Share Price +21.6% YTD, +12.8% Last 12 Months & +187.1% Last 5 Years
30th June | Hong Kong
Dutch ING Bank ($68 billion market value) has announced to cut 230 jobs in wholesale banking focusing on Directors & Managing Directors in commercial front office roles, citing too many senior roles. ING Group current market value is at $68 billion, with share price +21.6% YTD, +12.8% last 12 months & +187.1% last 5 years. ING Group – ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
“ $68 Billion Dutch ING Bank to Cut 230 Jobs in Wholesale Banking Focusing on Directors & Managing Directors in Commercial Front Office Roles Citing Too Many Senior Roles, Current Market Value at $68 Billion, Share Price +21.6% YTD, +12.8% Last 12 Months & +187.1% Last 5 Years “
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$68 Billion Dutch ING Bank to Cut 230 Jobs in Wholesale Banking Focusing on Directors & Managing Directors in Commercial Front Office Roles Citing Too Many Senior Roles, Current Market Value at $68 Billion, Share Price +21.6% YTD, +12.8% Last 12 Months & +187.1% Last 5 Years
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