International Finance

Tag : Belgium

Banking

ING to shed 7,000 jobs

Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...
Business Leaders

60 days after polls, Belgium sees signs of a federal government

But this is nothing compared to 2010 when it took 18 months to form a government July 24, 2014: Nearly two months after the regional and federal elections in Belgium, it seems that the political process to form new governing coalitions is nearing an end. The elections took place on May 25. At the regional...