Tag Archives: ING

Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development. In recent times, Central Banks in the European Union (EU) are facing a triple dilemma that demands delicate balancing acts and strategic decisions following persistent high inflation that is threatening to cripple the economy. The Triple Dilemma Carsten Brzeski, the Global Head of Macro at Dutch bank ING, succinctly sums up the challenge facing...

The acquisition of Credit Suisse by the bigger bank has been viewed using different lenses by industry observers. Swiss multinational investment banking firm UBS Group AG (SWX: UBSG) has announced that Ulrich Koerner, the CEO of Credit Suisse, will be joining the executive board of the new joint entity. The update comes a few weeks after an emergency purchase of Credit Suisse by UBS was facilitated by regulators. UBS confirmed the announcement according to a news release, emphasizing that...

ING Bank, a financial institution based in the Netherlands, has unveiled a new crypto product called Pyctor, which will provide crypto custody services and a post-trade infrastructure platform to GMEX Group, a trading enterprise with a special niche for crypto assets. ING Bank Unleashes Pyctor The move is coming at an unusual time. The digital currency market has been in a heavy period of suffering during the past several months, with assets like bitcoin losing more than...

In yet another shakeup, leading financial institution UBS Group removed Sergio Ermotti as its Chief Executive Officer and will replace him with ING Group’s Ralph Hammer. It is already the second major lender after Credit Suisse to replace its leading figure this month.Banks and major financial institutions are making structural and strategic changes this year and Switzerland-based UBS Group is joining the queue. The financial institution giant replaced CEO Sergio Ermotti and immediately...

The first three quarters of 2019 have been remarkably exciting and the industry continues to grow in numerous ways.  One commendable progress is the open-mindedness received from banking institutions, government regulators as well as lawmakers. Commercial and investment banks such as JPMorgan are developing their private digital assets. New products like physically settled Bitcoin futures contracts are exposing the crypto market to a wider audience, and advancements in blockchain technology...

Nach einer Umfrage der Bank ING sind die Österreicher in Bezug auf den Bitcoin am misstrauischten- ganz im Gegensatz zu den Türken, die nahezu euphorisch auf Bitcoin & Co reagieren. Umfrage unter 14’000 Teilnehmern Die ING Bank hat für die Umfrage 14000 Personen befragt – aus Europa, Nordamerika sowie Australien. Die unterschiedliche Krypto-Begeisterung kann für Nutzer, die bereits selbst voll in...