1. ING's €3.5 Billion Project Finance Gamble: Risk Transfer Targets Oil, Gas, and Renewables
ING Groep NV is orchestrating a major financial maneuver, preparing to offload risk on a massive €3.5 billion ($4.1 billion) portfolio of project finance loans. The Dutch banking giant's planned synthetic risk transfer (SRT) transaction is notable for its explicit inclusion of exposure to the contentious oil and gas se...