ING CFO Timmermans to step down after $900 million fine

ING Group said on Tuesday its Chief Financial Officer was stepping down in the wake of revelations the Dutch bank had failed to prevent money laundering for years and was forced to strike a 775 million euro ($900 million) settlement with Dutch prosecutors.

…read more

Source:: Reuters – Business News

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.