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ING Direct products in the UK included savings accounts, Cash ISAs, mortgages and home insurance. ING announced a plan to exit the UK in August 2012, as it sought to raise funds to repay the Dutch government. On 9 October 2012 Barclays announced that it had agreed to buy ING Direct UK, taking on its £10.9bn deposits and £5.6bn mortgage book ...
Dutch financial institution ING Groep announced it had completed the sale of ING Direct UK to Barclays as part of a year-long process of focusing its operations primarily on retail, direct, and ...
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
LONDON -- Barclays (ISE: BARC.L) (NYS: BCS) remained steady at 222 pence in early morning trade after the bank announced it is to acquire the deposits, mortgages, and business assets of ING Direct UK.
Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money ), followed by Bradford & Bingley ; Alliance & Leicester was acquired by Santander , who merged it ...
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