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ING Pays $619 Million to Settle Sanctions Evasion Case
Dutch bank ING Bank NV will pay $619 million to settle charges that it secretly moved billions of dollars through the U.S. financial system on behalf of Cuban and Iranian customers, in violation of U.S. sanctions.
How to Turn Teen Girls Into Financial Prodigies
America's urban schools don't do nearly enough to teach kids about personal finance and investing, and the effects permeate through America's minority communities. The ING-Girls Inc. Investment Challenge changing that, one virtual portfolio and one girl at a time.
Can You Trust Retirement Funds?
Target-date retirement funds are supposed to be safe and conservative, but the market meltdown revealed that some funds were less risk-averse than advertised. Have they cleaned up their act -- and can you trust them with your retirement?
ING Forecasts Market Growth of 8% to 12% in 2011
ING Investment Management forecasts that stock markets will rise between 8% and 12% in 2011, thanks to a low-inflation, low-interest environment supported by the Fed, despite weak GDP growth. And for those looking for to increase their investment yields, they have a few suggestions.
Seesaw Market Says Investors Are Overreacting to News
The recent seesaw activity in the stock market has prompted some analysts to suggest investors may be overreacting to financial news. After marching more than 115 points higher on Tuesday, the Dow Jones Industrial average fell more than 122 points in Wednesday's market sell-off.
Insurers Feeling the Urge to Merge in 2010
After a painful 2008, insurance companies have made a comeback, with plenty of cash on their balance sheets. As a result, mergers and acquisitions will likely dominate the insurance and reinsurance market in 2010.
