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00:05:43

Bloomberg

Hele Says ING Prepared for Volatility, Sees Acquisitions

Hele Says ING Prepared for Volatility, Sees Acquisitions

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John Hele, chief financial officer of ING Groep NV, talks with Bloomberg's Mark Barton and Sara Walker from Amsterdam about first-quarter earnings, acquisitions and the outlook for the ING Direct online-banking unit. The biggest Dutch financial-services company said profit dropped 19 percent to 1.54 billion euros ($2.4 billion) as declining investments hurt the insurance business. (Source: Bloomberg)

Bloomberg | May 14, 2008

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