Companies

Oct 26: ING to split as part of Brussels deal

Dutch financial services group ING is set to split into two separate companies and launch a rights issue as it tries to repay half of the E10bn state aid it received from the Dutch government. Sharlene Goff, retail banking correspondent, talks to Daniel Garrahan about why the move has surprised the market and whether we will see similar restructuring at UK banks like RBS, Northern Rock and Lloyds.