Ing Reliastar

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Ing Reliastar

BUSINESS BRIEFS
York Post - Marsh & McLennan named Joe McSweeny to oversee its US and Canada insurance bro kerage unit as part of a reorganization. Apple sued Apple was sued by a California woman claim ing the company illegally blocks competition for online music players and.

Minneapolis ING campus buildings sold (Minneapolis-St. Paul Star Tribune)
three-building ING North America Insurance Corp. campus in downtown Minneapolis has been acquired by an investment partnership of Hines Interests and the California Public Employees' Retirement System, Hines said Friday.

ING Direct buys Sharebuilder (The Delaware Business Ledger)
mington-based ING Direct has moved into the investment business. The Internet banker has acquired Seattle-based Sharebuilder for a reported $220 million.

FT Interview
ancial Times - Consistency seems to be Dick Harryvan’s favourite word. The ING board member responsible for ING Direct believes that sticking to a simple recipe has allowed the Dutch banking and insurance group to build the world’s biggest direct bank almost.

Buffett starts up bond insurer to rival MBIA, Ambac (Washington Post)
YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) is starting a bond insurer that would help state and local governments lower their borrowing costs, and is likely to lure business from established rivals struggling with credit market turmoil.

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