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In September 2007, ING Direct acquired 104,000 customers and FDIC insured assets from NetBank after it suffered from bank failure. Two months later, ING Direct acquired Sharebuilder, a financial company. In February 2012, Capital One acquired ING Direct USA from ING for US$6.3 billion in cash and 54 million shares of Capital One.
Tangerine Bank (formerly ING Bank of Canada) — formed by the purchase of several small Canadian companies by the Dutch ING Group. It has been owned since 2012 by Scotiabank (formally the Bank of Nova Scotia). Tim Hortons — sold to U.S.-based Wendy's International in 1995, and later to sold to the public as an IPO in 2005.
Website. Archived August 20, 2007, at the Wayback Machine. NetBank, formerly named Atlanta Internet Bank (1996) and Net.B@nk (1998), was a direct bank. Netbank suffered from bank failure and was closed by regulators on September 28, 2007. Its deposits were acquired by ING Group and the Netbank.com domain name was acquired by Axos Financial .
As part of the support deal, ING Group was mandated to split off ING Direct USA and all insurance and asset management activities. In 2013, a new company, NN Group , was formed, which became the parent of the European and Japan insurance and asset management activities of ING Group, for example including Nationale-Nederlanden and NN Investment ...
Dutch financial institution ING Groep announced it had completed the sale of ING Direct UK to Barclays as part of a year-long process of focusing its operations primarily on retail, direct, and ...
OFX, previously known as OzForex, is an Australian online foreign exchange and payments company with headquarters in Sydney.The company provides money transfer services to individuals such as migrants and expatriates and small businesses as well as providing white-label international transfer services for Travelex, MoneyGram, Xero, Capital One 360 and Macquarie Group.
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