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Katona To Be Named Hungary Stock Exchange CEO - Report

BUDAPEST -(Dow Jones)- Zsolt Katona will be named chief executive of the Budapest Stock Exchange, Hungarian business weekly Figyelo reports Wednesday in an article to be published Thursday. Katona is the former CEO of ING Bank, the Hungarian banking arm of ING Groep NV (ING.AE). The stock exchange said Friday that the current CEO, Gyorgy Mohai, will leave his position as of May 15 by mutual agreement. Figyelo said the change at the helm of the company was related to a shift to the new Xetra trading system. The new system, to be implemented in the third quarter of 2013, is part of a move by the stock exchange's majority owner, CEE Stock Exchange Group--a holding of Austria's Wiener Boerse stock exchange--to integrate trading on a regional level. Investment service providers have been protesting against the introduction of the Xetra system, however, saying it will bring in competition from foreign firms that won't pay domestic taxes, and that it requires infrastructure investments that will create further costs. Newspaper website: www.figyelo.hu -Budapest Bureau, Dow Jones Newswires; +361-267-0622

Stock News for Ing (ING)
DateTimeHeadline
05/26/201512:39:22ING to Sell Further Stake in NN Group
05/21/201506:06:26Report of Foreign Issuer (6-k)
05/14/201515:15:38Form 13f Holdings Report (13f-hr)
05/13/201506:08:46Report of Foreign Issuer (6-k)
05/12/201517:13:36Advent International to Buy Ammeraal Beltech
05/12/201506:08:52Report of Foreign Issuer (6-k)
05/11/201511:40:06ING Records Sharp Rise in Profit
05/08/201506:09:03Report of Foreign Issuer (6-k)
05/08/201506:09:02Report of Foreign Issuer (6-k)
05/07/201518:05:17ADR Shares End Mixed; Alibaba, Oi Trade Actively
05/07/201509:43:42Report of Foreign Issuer (6-k)
05/07/201506:16:44ING Records Sharp Rise in Profit
05/07/201506:15:32ING Records Sharp Rise in First-Quarter Profit -- Update
05/07/201502:16:52ING Profit Lifted by New Loans, Lower Provisions
05/04/201518:55:19ING Groep NV 1Q 2015 -- Forecast
05/04/201518:42:57BNP Paribas Polish Unit Doesn't Rule Out More Takeovers
04/30/201517:18:51ING Groep NV Upgraded by Zacks to Sell (ING)
04/29/201509:28:58ING Groep NV Lowered to Hold at Deutsche Bank (ING)
04/21/201506:08:50Report of Foreign Issuer (6-k)
04/17/201506:06:29Report of Foreign Issuer (6-k)

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