ING Groep Cutting 2,350 Jobs as Quarterly Profit Slides 64%

ING Groep Cutting 2,350 Jobs as Quarterly Profit Slides 64%

Jock Fistick/Bloomberg

ING Groep NV, the biggest Dutch financial-services company, will cut 2,350 jobs in its banking and insurance units after reporting a 64 percent slump in third-quarter profit.