ING Posts Quarterly Profit Beat, Launches $2.26 Billion Buyback

ING GroepINGA4.01%increase; green up pointing triangle launched a $2.26 billion buyback and posted a smaller-than-feared decline in net profit for the first quarter. The Dutch bank on Friday reported a net profit of 1.455 billion euros ($1.64 billion) for the three months ended March 31, a figure …