ING U.S. Inc, a unit of Dutch financial services
group ING Groep NV, filed to raise up to $100 million in an initial
public offering as its parent complies with a European Union mandate to
split its businesses.
ING Groep is splitting its banking and insurance operations as part of a restructuring deal with the European Commission, turning into a smaller Europe-focused bank. Read more..
(Ref: Insurance Journal, November 12, 2012)
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