AMSTERDAM, Feb 13 (Reuters) - Dutch banking and insurance group ING on Wednesday reported lower-than-expected fourth-quarter net profit and announced yet another round of cost savings, cutting an additional 2,400 jobs.
Quarterly net profit was 1.434 billion euros; underlying pre-tax profit for the banking operations was 184 million euros, and at the insurance unit was 272 million euros.
Analysts polled by Reuters had forecast a net profit of 1.587 billion euros; the banking and insurance arms were expected to report underlying profit of 290 million and 265 million respectively.
(Reporting by Sara Webb) Keywords: ING EARNINGS/
(email@example.com)(+31 20 504 5000)(Reuters Messaging: firstname.lastname@example.org)
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.