KM Financial Solutions | UPDATE 1-ING CFO Timmermans to step down after $900 mln money laundering fine
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UPDATE 1-ING CFO Timmermans to step down after $900 mln money laundering fine

UPDATE 1-ING CFO Timmermans to step down after $900 mln money laundering fine

ING Groep said on
Tuesday its Chief Financial Officer was stepping down amid a
public backlash after the Dutch bank said last week it had
failed to prevent money laundering for years, forcing it to
strike a 775 million euro ($900 million) settlement with Dutch
prosecutors.

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