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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| ING Groep NV | NYSE:ING | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.35% | 17.34 | 17.44 | 17.30 | 17.39 | 2,597,378 | 23:17:17 |
From May 2019 to May 2024
By Anthony O. Goriainoff
ING Groep NV said that it expects to book a 300 million euros ($352.6 million) goodwill impairment charge for its second quarter, triggered by the coronavirus pandemic.
The Dutch bank said the accounting adjustment does not involve any cash outflow and will not hurt its capital ratios, as goodwill is already deducted from regulatory capital.
The bank said the charge is related to a number of past acquisitions.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
July 28, 2020 01:31 ET (05:31 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year ING Groep NV Chart |
1 Month ING Groep NV Chart |
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