17 of 500
17. ING Group
ING Group
Financials: Latest Results
Rank: 17 (Previous rank: 12)
CEO: Jan H.M. Hommen
Employees: 106,139
Address: Amstelveenseweg 500
Amsterdam  1081
Country: Netherlands
Website: www.ing.com

ING Group says it's on track to streamline its businesses and ultimately pay back the bailout money it borrowed from the Dutch government in 2008. This June, ING agreed to sell its online U.S. bank to Capital One, and it plans to continue to sell off additional assets.

ING's restructuring plan, approved by the European Commission, calls for the complete separation of its banking and insurance companies. The two are already operationally separated, but ING will be fully restructured by the end of 2013.

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  $ millions % change from 2009
Revenues 147,052.2 -9.9
Profits 3,678.0 N.A.
Assets 1,667,523.3 --
Stockholders' equity 58,189.5 --
Profits as % of  
Revenues 3
Assets 0.2
From the July 25, 2011 issue
Figures prepared in accordance with International Accounting Standards.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
Company 2010 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,674,541
State Grid 1,564,000
Company 2010 Profits
($ millions)
Nestl $32,843
Gazprom $31,895
Exxon Mobil $30,460
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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