Destatis: Inflation picks up across Germany
The number of unemployed people across the country also rose by 82,100 in July
ING
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ING plots bleak course for Europe in 2024
Europe is set to experience “weak development” across many of its equity sectors this year, according to forecasts from ING. In What to expect from European sectors in 2024, the financial services giant indicated the manufacturing, staffing and construction sectors were likely to witness declines, even as transport and retail are set to see a…
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European energy investment set to cool – ING
Energy investment within Europe is set to decline, according to an ING report, as European utilities grow more selective In European Utilities Outlook: More Investment but More Selective in 2024, ING’s head of corporates sector strategy Nadège Tillier noted that investment grew by 10% a year between 2018 and 2022. Despite this, she contended 2024…
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40-year high inflation ‘normally good time to tighten monetary policy’
But ECB has little control over what is driving the current price increases. says ING’s Brzeski
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‘Transitory’ inflation to linger?
Energy price rises and supply chain issues have thrown previous forecasts up in the air
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German economists split and wary over inflation
Three camps have emerged and only time will tell who is right
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Energy prices push up eurozone inflation
‘We could easily see headline inflation surging to 2.5-3%’ one chief economist says
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ING promotes chief risk officer to CEO
Previous chief executive to become boss of UBS
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PEOPLE MOVES: Swedbank, Liontrust, ING
Bank hires CRO from rival, Liontrust makes fund manager promotion and ING looks to add trio to board
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UBS hires group chief executive from ING Group
He succeeds Sergio Ermotti who has headed up the Swiss bank for nearly a decade
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Europe’s shunned banking sector ‘poised to rally’
European bank credit has suffered sell-offs in recent months but with risks priced-in the asset class now looks attractive, analyst claims
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Video Stefan Jennes of ING Belgium
Stefan Jennes, product manager at ING Belgium, talks about the trade-off he makes between risk and performance when selecting funds for retail investors.