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Examples
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And, having little experience in banking and insurance, he was far from the obvious choice to guide the Dutch bancassurer through the biggest crisis in its history.
ING Can Be More With Less, Says the Reluctant Banker Maarten van Tartwijk 2011
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ING, the bailed-out bancassurer, said in a presentation on its website that the core Tier 1 capital ratio of its bank, which stood at 9.6% at the end of 2010, would reduce to 8.3% if Basel III were implemented now.
ING Sees Bigger Basel Hit Maarten van Tartwijk 2011
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Compensation ING Chief's Pay Soars AMSTERDAM—ING Groep NV said Chief Executive Jan Hommen earned a total of €2.6 million $3.61 million for 2010, more than twice what he received a year earlier, after steering the bailed-out Dutch bancassurer back to profit.
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"The plan is to build the largest bancassurer in China," Mr. de Castries said.
Japan Disaster Claims to Hit AXA Elena Berton 2011
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AMSTERDAM— ING Groep NV said Thursday that Chief Executive Jan Hommen earned a total of €2.6 million $3.61 million for 2010, more than twice the pay he received a year earlier, after he steered the bailed-out Dutch bancassurer back to profit.
ING Chief's Pay Soars Maarten van Tartwijk 2011
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EBS building society has until the end of February to raise its capital while bancassurer insurance firm linked to a bank Irish Life & Permanent has until the end of May.
Irish bailout includes emergency ?10bn of aid to stem run on banks Jill Treanor 2010
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Largely disappointing second quarter results demonstrate that despite progress made under Chief Executive Jan Hommen, who has streamlined the business and saved costs, the Dutch bancassurer still has more to do.
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When it alighted on Fortis as the best place to kick start its international ambitions, it thought it was allying with a conservative, low-risk European bancassurer in a deal that would prove mutually beneficial.
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The Belgo-Dutch bancassurer is now looking to raise €1.5 billion of equity capital, likely to cause a further 5% dilution, on top of €12 billion of shares issued last year in a rights issue to finance the ABN takeover.
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The bancassurer, which has been effectively nationalised in the face of a €4bn capital hole, did not detail the cost of the acquisition.
Telegraph.co.uk - Telegraph online, Daily Telegraph and Sunday Telegraph 2011
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