ING Becomes Majority Shareholder in Singular Bank to Expand Wealth Management Business
ING Group has secured a 40% stake in Spanish wealth manager Singular Bank, marking a significant expansion of the Dutch financial institution’s footprint in the European private banking and high-net-worth sector. This transaction involves the acquisition of shares previously held by the private equity firm Warburg Pincus, which is exiting its investment in the bank. … Read more
