ING (ING) is hawking its Asian asset-management division, Bloomberg reports, with potential...

|About: ING Groep N.V. (ING)|By:, SA News Editor

ING (ING) is hawking its Asian asset-management division, Bloomberg reports, with potential bidders including BNY Mellon (BK), Sumitomo Mitsui (SMFG) and Invesco (IVX). An analyst reckons the ops are worth around €500M ($655M), although ING might try to sell the unit together with its Asian insurance arm.