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ING Barings is to be absorbed into its Dutch parent group's wholesale business, following a decision to drop plans to build a global investment bank, and about 1,700 London-based employees will be affected by the move. 20-Nov-2000 ING Barings is planning to rebrand its Barings investment banking business under the ING name over the next two years, as part of a strategy to phase out the local identities of subsidiaries throughout the world. 25-Oct-2000 ING Barings is to cut 1,200 jobs worldwide, including a small number in London, following a strategic review of its corporate and investment banking business. 02-Oct-1998 ING Barings is to refocus its investment banking business giving priority to western Europe over emerging markets, in a reorganisation that will also result in the closure of its London-based equity derivatives operation. 25-Mar-1998
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