June 25, 2018 / 7:03 AM / 5 months ago

ING expects details on consequences of bribery probe by end of third quarter

A woman walks past the logo of ING bank by the group's main office in Brussels, Belgium September 5, 2017. REUTERS/Francois Lenoir

AMSTERDAM (Reuters) - ING, which is under investigation by Dutch prosecutors in a criminal probe into money laundering and corruption that could result in significant fines, said on Monday it expects more information on the timing of any “consequences” later this year.

ING first acknowledged it was subject to the probe in its 2017 annual report, and has declined comment beyond closely-worded disclosures.

Reporting by Toby Sterling, editing by Louise Heavens

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