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ING CEO Says Capital Plan Could Slow Speed of Buyback

Summary by Bloomberg
ING Groep NV Chief Executive Officer Steven van Rijswijk said he may slow the pace of share buybacks this year after increasing the amount of money he wants to keep in the bank as safety cushion.

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The police intervened in a protest by Extinction Rebellion activists, who had been sitting at the entrance to the Public Prosecutor's Office in Amsterdam since noon. Dressed in a suit and red tie, seventeen activists demanded that the Public Prosecution Service prosecute Steven van Rijswijk, ING's CEO. The bank and the Public Prosecutor announced that they found XR's action “unacceptable”.

·Apeldoorn, Netherlands
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Bloomberg broke the news in United States on Thursday, June 5, 2025.
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