Mmastodon BusinessBanking first seen 12 h ago, last 12 h ago, peak #6
ING positions itself as buyer in Europe's banking consolidation wave
Original: 🇪🇺 ING wants to be a buyer as Europe’s banking consolidation accelerates ING CEO Steven van Rijswijk says the Dutch bank
ING CEO Steven van Rijswijk says the Dutch bank wants to act as an acquirer rather than become a takeover target, as merger activity among European banks accelerates. The statement signals ING's ambitions to play an active role in cross-border consolidation, a trend being closely watched in Germany and across the EU amid pressure for larger, more competitive lenders.
Why now: Rising banking M&A activity across Europe is prompting speculation about which banks will merge or acquire next.
INGSteven van RijswijkEuropean UnionGermany
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