Digital-only banks aren’t just for rate chasers: ING CEO

After a tumultuous year for European banks, Ralph Hamers, chairman and CEO of ING Group in Amsterdam, is focused on growing his company’s mobile and online user base. ING has made splashy investments in its digital bank, recently announcing it will spend about $850m over the next five years to accelerate customer growth. The company is a dominant player in the Netherlands and Belgium, and is growing rapidly across central and western Europe. Read more: americanbanker.com