ING exits retail banking business in France

news via MarketWatch.com - MarketPulse

ING said Tuesday it will leave the retail banking market in France in a move that will affect 460 union employees. The move comes after a strategic review announced in June. ING will continue its wholesale banking business in France, with a focus on sustainable finance. The retail banking business counted 1 million customers. ING said it's currently exploring an agreement for its client portfolio with third parties and it will continue providing banking services to its clients. A social...

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