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ING's chief financial officer quits following money laundering scandal

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ING bank (Steve Parsons/PA)

ING bank (Steve Parsons/PA)

ING bank (Steve Parsons/PA)

The chief financial officer of Dutch bank ING has resigned following a money laundering scandal that led to a huge fine for the bank.

ING said Tuesday that Koos Timmermans, who is also a member of the bank's executive board, was stepping down as ING moves to "further strengthen our handling of compliance risks".


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