ING Stock Recent News

(Kitco News) - Gold prices will continue to set new all-time highs in 2024 as they are boosted by a weakening U.S. dollar and Fed rate cuts, according to Ewa Manthey, Commodities Strategist at ING.

The Federal Reserve is poised to cut interest rates six times in 2024, according to ING Economics. The interest rate cuts will be in response to a slowing US economy.

The outcome of this election will likely influence testy U.S.-China ties and impact security in the broader Asia-Pacific region.

Carsten Brzeski of ING says "it needs a lot of structural transitions, but that is something the constitutional debt brake has not foreseen."

ING and its ADR trading in the US gets Strong Buy rating, in line with Wall Street consensus. Some positives include 5.4% dividend yield and growth, earnings and revenue growth, and a price return beating the S&P 500 index. The risk of loan loss provisions is on the decline.

(Kitco News) - One of Toronto's oldest boutique investment firms is warning investors that gold could be a good asset to own as the world faces significant threats in the coming months and years.

The dollar's bullish run is set to run its course in 2024, ING analysts wrote on Wednesday. As a recession kicks in next year, the Fed will cut interest rates by 150 basis points.

ING Groep NV Chief Financial Officer Tanate Phutrakul discusses the lender's financial results, outlook and strategy. The Netherlands' largest bank announced a fresh buyback program as higher interest rates continued to boost profits, beating expectations in the third quarter.

ING Groep , the largest Dutch bank, on Thursday announced its second share buyback programme of the year, of up to 2.5 billion euros ($2.65 billion), following third-quarter net profits that more than doubled from the previous year.

ING CEO Stephen van Rijswijk discusses the responsibility of banks in the current climate and whether or not governments should intervene.