ING Risk Management Strength Expected To Help Barings Buyout
BANKS
ING Bank's purchase of Barings is unlikely to affect its foreign exchange group, although eventually, it makes sense to combine the treasury departments of the two banks, according to Ernst Moritz, senior manager of treasury and trading at ING in Amsterdam. "It's a bit premature to discuss it, but it seems that the two organisations are complementary rather than overlapping," he says.
According to Moritz, the bank feels confident about taking over the Barings trading operations partly because it
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