ING takes Greek bond hit
ING to cut 2,700 jobs, takes Greek bond hit
Excerpt:
ING took a 467 million-euro pre-tax writedown on Greek government bonds in its third-quarter results and said it had now written down all of its bonds to market value and reduced exposure to "peripheral" euro zone bonds by more than 5 billion euros.
Comment: Earlier this week it was MF Global
No comments:
Post a Comment
Any anonymous comments with links will be rejected. Please do not comment off-topic