bouwdroger schreef:
Goedemorgen,
Asia in de plus nikkie een 1,3% de aussie's 2,2%
futjes + 0,2%
En dan nog dit bericht hier onder,weet niet of dit nu erg positief is, maar de markt kennende zal het wel weer ;-)
ING Groep NV, the biggest Dutch financial services company, plans to sell its Swiss private- banking unit to Julius Baer Group Ltd. for about $500 million, two people familiar with the matter said.
Amsterdam-based ING plans to announce the deal as early as today, one of the people said, declining to be identified because the talks are private. ING is also seeking a buyer for its Asia private banking operations, according to people with knowledge of the company’s plans.
ING, which received a 10 billion euro ($14.7 billion) lifeline from the Netherlands last October, plans to raise as much as 8 billion euros selling assets. Julius Baer, the Zurich- based private bank that split from its asset management business on Oct. 1, said last month it will hire more advisers and may consider acquisitions.
The Dutch company sold its 51 percent stake in ING Australia and ING New Zealand last month for about $1.5 billion to Australia & New Zealand Banking Group Ltd. That sale came after ING in February said it planned to sell its 70 percent stake in ING Canada Inc., the country’s largest property and casualty insurer.
The credit crisis has triggered asset sales by major financial firms in the U.S. and Europe, as companies including Citigroup Inc., American International Group Inc. and Royal Bank of Scotland Group Plc sought to repair balance sheets amid $1.6 trillion of writedowns and losses worldwide.
Asian Sale
JPMorgan Chase & Co. is advising ING on the Swiss sale and Julius Baer is being advised by UBS AG, the people said. Karen Williams, a Hong Kong-based spokeswoman for ING, declined to comment, as did Angela Watkins, a spokeswoman for Julius Baer in Hong Kong.
The Wall Street Journal earlier reported the sale.
ING had been seeking at least $1.8 billion for its private banking operations in Switzerland and Asia, two people familiar with the matter said in August. The company at the time expected its Asia business would fetch about 70 percent of the total proceeds, the people said.
Julius Baer is building a larger network of onshore offices in Europe and continuing its expansion in Asia as Switzerland comes under pressure from the U.S., France and Germany to loosen its privacy protection for clients. The bank has offices in Singapore, Hong Kong and Jakarta and has said it wants to build its business in the region.