--A Milan court ordered ING to pay 30 million euros ($33.17 million) to settle a money-laundering case in Italy, Reuters reports.

--The judge imposed a penalty of EUR1 million and ordered another EUR29 million to be confiscated from profits earned by ING, according to Reuters.

--ING declined to comment, Reuters said.

 

Full story: https://reut.rs/2UpRHBm

 

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(END) Dow Jones Newswires

February 04, 2020 09:03 ET (14:03 GMT)

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