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ING plans to cut about 1,600 jobs at its U.S. business

Article Abstract:

ING Group N.V. is planning to downsize its labor force by approximately 1,600 jobs in its United States insurance operations. The company is also considering additional layoffs in its European business.

Author: Moorhouse, Neil, Bilefsky, Dan
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
United States, Labor force information, Planning, Human resource management, Layoffs, ING Group N.V.

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Fortis cuts forecast for full-year earnings

Article Abstract:

Banking and insurance group Fortis lowered its earnings forecasts for the full 2001 year. The forecast reduction was attributed to smaller capital gains and declining stock markets.

Author: Moorhouse, Neil
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Netherlands, Financial services industry, Financial services, Fortis

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Bipop cuts profit on provisions for bad loans

Article Abstract:

Bipop Carire S.p.A. has changed its profit forecast for the 2001 first-half to 56 million euros. The bank had previously forecasted 85 million euros in profits for the period.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Italy, Profit, Profits, Bipop-Carire S.p.A.

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Subjects list: Insurance industry, Insurance, Banking industry, Commercial banks, Forecasts and trends
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