-
3 days ago | 
news.bloombergtax.com | Sarah Jacob |Steven Arons
The collapse of the Dutch government risks slowing decisions related to Europe’s planned investment spree, said ING Groep NV Chief Executive Officer Steven van Rijswijk. At a time when Europe is facing its biggest security initiative since the Cold War and tariff uncertainties, government is needed to play an active role in areas such as digital and defense infrastructure investment, Van Rijswijk said in an interview in Amsterdam on Tuesday.
-
3 days ago | 
bloomberg.com | Sarah Jacob |Steven Arons
Steven van Rijswijk(Bloomberg) -- The collapse of the Dutch government risks slowing decisions related to Europe’s planned investment spree, said ING Groep NV Chief Executive Officer Steven van Rijswijk. At a time when Europe is facing its biggest security initiative since the Cold War and tariff uncertainties, government is needed to play an active role in areas such as digital and defense infrastructure investment, Van Rijswijk said in an interview in Amsterdam on Tuesday.
-
2 weeks ago | 
bloomberg.com | Greg Ritchie |Sarah Jacob
ING Groep NV is exploring the possibility of acquiring a US banking license, a move that could bolster its access to dollar liquidity in exchange for greater supervision by US regulators. The largest bank in the Netherlands is assembling a team to engage with Federal Reserve officials, according to people familiar with the matter, who asked for anonymity to discuss the private information.
-
2 weeks ago | 
news.bloomberglaw.com | Greg Ritchie |Sarah Jacob
ING Groep NV is exploring the possibility of acquiring a US banking license, a move that could bolster its access to dollar liquidity in exchange for greater supervision by US regulators. The largest bank in the Netherlands is assembling a team to engage with Federal Reserve officials, according to people familiar with the matter, who asked for anonymity to discuss the private information.
-
2 weeks ago | 
bloomberg.com | Patrick van Oosterom |Sarah Jacob
Dutch Defense Minister Ruben Brekelmans(Bloomberg) -- The Netherlands estimates it will need to boost defense spending by as much as €19 billion ($21.4 billion) a year to meet the expected new target for the North Atlantic Treaty Organization.
-
2 weeks ago | 
bloomberg.com | Sarah Jacob
The ABN Amro bank headquarters in Amsterdam. (Bloomberg) -- The Dutch government has reduced its stake in ABN Amro Bank NV to below a third as it implements a plan to hit a holding of about 30%. The move means the state loses the right to prior approval of capital hikes or substantial deals carried out by ABN Amro, according to a statement on Tuesday. The Netherlands announced in October it’s planning to sell down the stake in the bank to about 30% through sales in the open market.
-
3 weeks ago | 
news.bloombergtax.com | Sarah Jacob
Aegon Ltdis making early moves to target the life insurance needs of wealthy individuals in the Middle East. The firm’s Transamerica Life Bermuda unit has obtained regulatory approval for a representative office in Dubai, it said in an earnings statement on Friday. It’s a “first toe-in-the-water type of approach, to make sure that we understand that market well,” Aegon Chief Executive Officer Lard Friese said in an interview. The idea is to “find ways to open up a new market for us,” he said.
-
3 weeks ago | 
news.bloomberglaw.com | Sarah Jacob
Aegon Ltdis making early moves to target the life insurance needs of wealthy individuals in the Middle East. The firm’s Transamerica Life Bermuda unit has obtained regulatory approval for a representative office in Dubai, it said in an earnings statement on Friday. It’s a “first toe-in-the-water type of approach, to make sure that we understand that market well,” Aegon Chief Executive Officer Lard Friese said in an interview. The idea is to “find ways to open up a new market for us,” he said.
-
3 weeks ago | 
bloomberglinea.com.br | Sarah Jacob
Bloomberg — O bilionário Bill Ackman renunciou ao conselho da Universal Music Group, a maior empresa de música do mundo, alegando obrigações decorrentes de seus investimentos recentes. O fundador da Pershing Square Capital Management enfrenta “demandas crescentes de seu tempo” devido a outros compromissos, incluindo sua recente nomeação para a Howard Hughes Holdings, disse sua empresa em um comunicado. A mudança entra em vigor nesta quarta-feira (14).
-
3 weeks ago | 
bloomberg.com | Sarah Jacob
Bill Ackman(Bloomberg) -- Billionaire Bill Ackman resigned from the board of Universal Music Group NV, the world’s largest music company, citing obligations arising from his recent investments. The Pershing Square Capital Management founder faces “increasing demands on his time” from other commitments, including his recent appointment at Howard Hughes Holdings Inc., his firm said in a statement. The move takes effect on Wednesday.
