Friday, April 23, 2021

ING CFO steps down as backlash grows after $900 million money laundering fine

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ING Groep’s (INGA.AS) Chief Financial Officer is to step down amid a public backlash after the Dutch bank admitted last week it had failed for years to prevent money laundering and agreed to a 775 million euro ($900 million) settlement with prosecutors. The decision to remove CFO Koos Timmermans, 58, comes after . […]

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