ING closes many brokerage divisions

3 October 2012

ING Bank will close many of its brokerage divisions across Europe, including one that operates on the Bucharest Stock Exchange (BVB).

ING will only retain its brokerage operations in Benelux (Belgium, Netherlands, Luxembourg) and Poland, according to the news server Wall Street.

ING was the second second leading broker on BVB this year, with transactions totalling RON 1.58bn. In 2011, ING came in third on BVB.

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