Bart Schlatmann: Our new way of working starts with the squad. Syndicated FinanceWe operate globally offering a seamless service of risk, decision-making, sales and access to capital markets. We have become aware of a fraudulent investment being offered via gocompareinvestments.co.uk using the name "ING Investments UK". We aim to support our clients globally in achieving their goals, fostering sustainable and innovative solutions to get them ready for tomorrow." For more information, please contact our Compliance team via our main switchboard 44 2077671000. collaboration with select social media and trusted analytics partners We use cookies essential for this site to function well. VideoArctic Circle teens call for help to save their homes, Philippines artificial beach 'bad for environment' VideoPhilippines artificial beach 'bad for environment', 'A year of rising and fading hopes' in Beirut. Of course, we lost a lot of people who had good knowledge but lacked the right mind-set; but knowledge can be easily regained if people have the intrinsic capability. The Quarterly: How important was it to try to change the ING culture as part of this transformation? Thank you for your contribution, The question has been received and will be be reviewed for approval by a moderator. As they move around the key areas of the bank, new employees quickly establish their own informal networks and gain a deeper understanding of the business. We asked ourselves, “Why don’t we have this kind of engineering culture at ING? This interview was conducted in October 2016 by Deepak Mahadevan, a partner in McKinsey’s Brussels office. Any policy issued does not represent a deposit with or liability of, and is not guaranteed or otherwise supported by, ING Bank (Australia) or its related bodies corporate. Structure your telecom, media and technology transactions to maximise returns on investments. UK banking giant Barclays has agreed to buy ING's UK retail arm, taking on its £10.9bn deposits and £5.6bn mortgage book. Functions such as legal, finance, and operational risk are not part of a squad per se, as they need to be independent, but a squad can call on them to help out and give objective advice. Business News. After that, we were able to concentrate on implementation—selecting and getting the right people on board and More on our sustainability policies. For example, my colleagues on the board selected the 14 people who report to me. We gave up traditional hierarchy, formal meetings, overengineering, detailed planning, and excessive “input steering” in exchange for empowered teams, informal networks, and “output steering.” You need to look beyond your own industry and allow yourself to make mistakes and learn. InfrastructureOur infrastructure team is a multi-product business, covering the full spectrum of infrastructure activity across EMEA. Increase your capital and broaden your funding solutions by appealing to the debt capital market. ING Labs, one of our four global innovation labs, is situated in London. The number of people of over 75 will almost double by 2050, increasing from 46 million to 88 million, according to ING’s report 'Elderly care and housing demand in the EU'. Bank transfer commission fees range from £15 to £30 depending on the bank. Number one was the agile way of working itself. Watch the video. In 2019 together with 35 other banks, we signed the Collective Commitment to Climate Action which aligns our portfolios to reflect and finance the low-carbon, climate-resilient economy we need, to limit global warming to well-below 2 degrees Celsius. Thank you. Market report: Capital fears weigh on L&G ahead of results, UK has slumped back into recession, claims City bank, Washington nears US budget deal to avoid new government shutdown, US third quarter growth revised up to 3.6%, Retail sales fall as hard-hit shoppers rein in spending, Economic boost puts pressure on Mark Carney over interest rates, German confidence up as powerhouse of EU economy continues to expand, Market Report: Centrica bid hopes send share price soaring, Market Report: Oil giants expected to ride out 'fix' storm, Savers suffer pre-emptive strike on rates, Eurozone jobless hits new record – and no end to misery in sight, Barclays boss Jenkins bags ING Direct in online deal, Banking giant Barclays agrees to buy ING Direct UK, Services sector suffers worst performance in eight months, Big fall in US jobless boosts Obama's re-election hopes, Manufacturing sector suffers worst quarter for three years, Hamish McRae: Things are at a crucial stage for Europe but what if, Alonso backs 'crash' win as sponsors quit, The best interest rates come with strings attached, Money markets ease again but recovery remains muted, Market Report: Lloyds retreats as investors bank gains, ING taps Dutch state for €10bn of capital, The Week Ahead: Diageo to offer little cheer after weak sales, Rate rise could be shocking for borrowers, Bond Buy: Jameel family pay 21m for Piaget store, The Week Ahead: Insurer Aviva could cut dividend, says ING. A lot is also down to the new way we communicate and to the new office configuration: we invested in tearing down walls in buildings to create more open spaces and to allow more informal interaction between employees. It also decides on how to manage its daily activities. ING WB can assist. As long as you continue to have different departments, steering committees, project managers, and project directors, you will continue to have silos—and that hinders agility. Meanwhile, we have been encouraging the sales force and branch network to embrace agility through daily team stand-ups and other tactics. 10 Aldermanbury is a 324,000 square foot office building located on Gresham Street in the heart of the City of London. Why is it that large enterprises in Holland and Western Europe typically just coordinate IT rather than being truly inspired by it?” We consciously encouraged people to go back to writing code—I did it myself—and have made it clear that engineering Dacă ai deja un cont la ING, poți activa serviciul de internet banking Home’Bank astfel: Online: intri în această pagină , completezi formularul cu datele din cartea ta de indentitate și cu adresa de email pe care ne-ai lăsat-o la deschiderea contului, noi îți trimitem … Customer behavior, however, was rapidly changing in response to new digital distribution channels, and customer expectations were being shaped by digital leaders in other industries, not just banking. Video'A year of rising and fading hopes' in Beirut, Queues in China for experimental Covid-19 vaccine. Our Innovation Fund invests in and partners with fintechs via ING Ventures, as well as developing our own in-house initiatives using our unique innovation method, PACE. In London we focus on RegTech, PropTech and Financial Markets. Our values are the non-negotiable promises we make to ourselves, partners and clients: we are honest, we are prudent, and we are responsible. You have to organize in such a way that teams are aligned and mindful of the company’s strategic priorities. The ING Lab creates mutually beneficial partnerships that turn ideas into scalable initiatives. Leadership and determination are the keys to making it happen. ING Wholesale Banking attains expert real estate teams committed to providing you best-in-class Real Estate banking services and helping your business meet its financial goals - Read on. We have also adopted the peer-to-peer hiring approach used by Google. Peter Jacobs: I see two main risks. China has retaliated to US plans to impose tariffs on its goods. September, 2019 On 22 September, 130 banks from around the world signed the Principles for Responsible Banking at the UN’s Climate Action Summit New York. Peter Jacobs: We came to the realization that, ultimately, we are a technology company operating in the financial-services business. Video, 'A year of rising and fading hopes' in Beirut, Queues in China for experimental Covid-19 vaccine. Global Finance announced its 20th annual rankings of the World’s Best Treasury & Cash Management Provider 2020 and ING has been awarded as Best Bank for Cash Management in Western Europe. The Eurozone growth story looks to be continuing into January but subdued inflation and rapid euro strengthening mean that the ECB will have to tread carefully when removing monetary stimulus. It is not something, though, that can be addressed in a program on its own. Btw, we don't share your email address with others. Read about our approach to external linking. ING Wholesale Banking can leverage its global knowledge of the financial and debt markets to prudently advise your institution on the most suitable financing options to efficiently and wisely increase your liquidity. Another important feature is the QBR [quarterly business review], an idea we borrowed from Google and Netflix. Privacy statements, ING awarded four times for Innovators 2020 Awards (Global Finance), ING posts 1Q2020 net result of €670 million, Coronavirus: the unknown and unprecedented risk, ING, DBS and Bank of Communications finance 10 Aldermanbury OBO, ING helps power green battery gigafactory, Corona crisis trends that could impact your business, Banking on private finance to tackle the world’s water crisis. Structured Acquisition FinanceWe work with a range of top-tier private equity funds to provide our clients with acquisition financing across several countries. Stock markets have fallen after this tit-for-tat action. our use of cookies, and Read our report 'World trade: No strong recovery in sight yet. Business Diary: How much for Knight to ride to the rescue? What they all have in common is a particular way of working and a distinctive people culture. Structure your metals and energy transactions to maximise returns on investments. The demand for elderly care and housing in the EU is set to rise quickly. Italy tightens rules after Covid cases surge, Far-right online: 'I got them back on social media' Video, Far-right online: 'I got them back on social media', The woman who ferries Covid patients in a school bus.