KB Financial Drops Bid to Buy ING Unit

KB Financial Group Inc.’s board rejected a plan to buy ING Groep NV’s South Korean life-insurance unit, dealing a blow to the Dutch firm’s plan to raise about $2 billion from the asset sale.

Is There a Golden Age Coming for U.S. Banks?
39:48 - Bloomberg's Michael McKee and Peter Coy and Bloomberg TV Contributor William Cohen report on the banking industry. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)
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