Shares of ING Group (ING) are down 3.8% in Amsterdam following reports European Competition...

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

Shares of ING Group (ING) are down 3.8% in Amsterdam following reports European Competition authorities will reject the Dutch government's €22B guarantee of ING's U.S. Alt-A portfolio over concerns the terms may be too sweet. Analysts say ING could have to pay €1-1.7B more if the deal is rejected.