ING close to settling money-laundering probe in Italy: sources

United States News News

ING close to settling money-laundering probe in Italy: sources
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Dutch bank ING Groep NV's Italian business has reached a provisional deal w...

FILE PHOTO: A man walks past the logo of ING Group NV at a branch office in Amsterdam, Netherlands January 9, 2014. REUTERS/Toussaint Kluiters/File photo

The proposed settlement, known as an “agreed penalty”, has yet to be confirmed by a judge but it has already won the backing of the prosecutors, the sources said. Last year ING, the Netherlands’ largest financial services provider, admitted criminals had been able to launder money through its accounts and agreed to pay 775 million euros to settle the case in its home country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FCA challenges Italy tax agency over value of U.S. businessFCA challenges Italy tax agency over value of U.S. businessFiat Chrysler Automobiles (FCA) has challenged Italy's tax authority which ...
Read more »

Italy tax authorities say Fiat underestimated value of Chrysler by $5.6 billionItaly tax authorities say Fiat underestimated value of Chrysler by $5.6 billionItalian tax authorities believe that Fiat Chrysler Automobiles underestimated th...
Read more »

NASA's probe soaring near sun reveals surprises about solar windNASA's probe soaring near sun reveals surprises about solar windTroves of new data from a NASA probe's close encounters with the sun are gi...
Read more »

Beyonce's Dad Says Pre-Destiny's Child Group Had More Than 30 MembersBeyonce's Dad Says Pre-Destiny's Child Group Had More Than 30 MembersDestiny's Child was a revolving door of talent before it settled into what it ultimately became.
Read more »

FCA challenges Italy tax agency over value of U.S. businessFCA challenges Italy tax agency over value of U.S. businessFiat Chrysler Automobiles (FCA) has challenged Italy's tax authority which ...
Read more »



Render Time: 2025-03-05 04:49:41