ING Groep has given its investment banking division ING Barings a boost, with the sale of €408m ($345.5m) in Fortis shares.
ING Barings was sole global co-ordinator for the issue, which was done as a bought deal over two hours on Thursday afternoon. A banker at the firm said: "We're restructuring our western European sales, trading and research, so this was a good fillip for them."
