Dutch lender ING is actively seeking acquisitions in major European markets, including Germany, Italy, and Spain, as part of its strategy to expand its size and presence. The move aligns with a broader trend of consolidation in the European financial sector. Meanwhile, Amundi, Europe’s largest asset manager, has reported record results for 2024, including a net profit of €1.4 billion and assets under management reaching an all-time high of €2.24 trillion. The company achieved several goals from its Ambitions 2025 plan a year ahead of schedule, including a significant increase in ETF assets and third-party distribution. Amundi also posted 20% quarterly growth, a €4.25 dividend per share, and €6.75 earnings per share. The company is pursuing further acquisitions to sustain its growth trajectory, according to CEO Valérie Baudson.
Amundi ‘in the market’ for more deals, says chief https://t.co/B8Grf3ppBg
Amundi, le BlackRock européen, en avance sur bon nombre de ses objectifs pour 2025 https://t.co/6l2oXVtaG9
Amundi posts record revenue and 20% quarterly growth as assets under management hit all-time high https://t.co/HqYF4RAiMP