ING gives up Belgium primary dealership

摘要

Ing is to halve the size of its government bond trading desk in London in a move that will also see the Dutch bank stop being a primary dealer in Belgium. The Belgian government debt agency confirmed ING would cease being a primary dealer from September 1. "This is a consequence of an internal strategic review by the bank, prompting it to partially downscale their euro denominated government bond business," said the agency in a statement.