ING Americas

Calling all food, beverage and agribusiness enthusiasts! Our FB&A (Food, Beverage, & Agribusiness) team is on the hunt for a Director to expand its Dallas presence.   The ideal candidate will develop and maintain relationships with US clients in the sector as well as find, create and manage projects across the food chain, including dairy, grains, sugar and casual dining.    Sounds like you’ll be a good fit? Fill out the application here: https://lnkd.in/eFycE9-E   #JobOpportunities #Hiring #Agriculture

Join us in congratulating Ana Carolina Oliveira as our new head of TMT & healthcare in the Americas!    With a background in finance for the healthcare sector and sustainability, Ana Carolina has a wealth of experience in helping businesses innovate to achieve their sustainability goals across a wide range of industries including tech, media and telco, from her most recent position as head of Sustainable Finance for the Americas.   We look forward to witnessing Ana Carolina’s success in this role and the increased value this enables us to bring to our clients.   Congratulations, Ana Carolina!   #LifeAtING #TMT #Healthcare

Innovation ✅ Sustainability ✅ - Congratulations to Bandwidth IG (BIG) on completing the 𝐅𝐢𝐫𝐬𝐭-𝐄𝐯𝐞𝐫 𝐆𝐫𝐞𝐞𝐧 𝐋𝐨𝐚𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐚𝐫𝐤 𝐅𝐢𝐛𝐞𝐫 𝐒𝐞𝐜𝐭𝐨𝐫. Proceeds of the $90 million syndicated revolving credit facility will be used to complete the Bay Area expansion project, an over 200-mile, 100% buried fiber loop around the San Francisco Bay, connecting data centers in the area, including the first marine cable laid under the Bay in over 20 years. Further expansions will provide the latest state-of-the-art, fiber optic underground networks to BIG’s core markets, offering unparalleled diversity, fiber density, and scalability to customers across its regions and beyond.               You can find out more about the deal and the innovative work of Bandwidth IG in the press release: https://lnkd.in/gHVaV83t #DataCenters #FiberOptic #SustainableFinance

Despite the hawkish outlook, labor price pressure will ease through the rest of the year. US employment costs saw a big jump of 1.2% in Q1. Lead by wage and salary growth in the government sector and the private industry, this increase signals elevated price pressures for longer in the US. Conversely, the slowing quits rate motions a cooling later this year as employers may see fewer incentives to offer pay awards. Economist James Knightley dissects the latest jobs report: https://lnkd.in/eh4i337E #USEconomy #Fed #LaborMarket

Inflation: Not as much as expected but it’s still too high. After revisions, the core PCE deflator is still far above the 0.17% MoM target to bring the annual inflation rate to 2%. Economist James Knightley expects the deflator average to be between 0.2 and 0.3% through Q2 despite lower expectations from other economists. Depleting consumer savings and increasing private rents are leading James to expect weaker spending as we head through the rest of the year. Find his justification: https://lnkd.in/efcy8aim #Inflation #Fed #USEconomy

Are EV’s losing some of their charge? The EV market is expected to reach record sales this year however, the rate of sales growth is slowing down.   According to ESG analyst, Coco Zhang, demand was originally spiked by tech-savvy early adopters. “So now, the challenge comes to unlocking the second wave of consumer adoption in those advanced economies,” Coco shared her views with CNN Business’s Peter Valdes-Dapena.   Read the article for more on how car makers are tackling affordability obstacles, outlook on sales expectations and market demand: https://lnkd.in/e79rh6hd   #ElectricVehicles #USMarkets #Sustainability

US economic resilience, our updated view on rate cuts and first thoughts on the US election are the three topics covered in this month’s ING Monthly. Delve into Economist James Knightley and Padhraic Garvey’s analysis in the latest edition. #USElections #USMarkets #Inflation

Are you passionate about renewable energy? Do you keep up with the latest projects in the North American power sector? Then our open Vice President role in our Renewables & Power (R&P) team may be for you. The successful candidate will support R&P Managing Directors and Directors in the origination and securitization of power generation solutions across technologies including solar, wind, hydro, geothermal and battery storage. Interested? Learn more about the role here: https://lnkd.in/gGwPZCGd #Hiring #JobOpportunities #Renewables

We are forecasting 3 interest rate cuts in 2024. The cooling jobs market and decreased consumer savings indicate the economy is slowing down. Hear why Economist James Knightley says the first rate cut might come in September: https://lnkd.in/gGB6kvUz #Rates #Fed #USEconomy

Regulators, investors and companies, are you prepared for the energy transition?  Gain the insights you need for your sustainable finance toolkit this Thursday at Environmental Finance's webinar, “Transition Finance from the bottom up.”    Join Head of Sustainable Finance, Ana Carolina Oliveira in conversation with finance leaders George Barnard of MetLife Investment Management, Louis Langlois of Alcoa, Sam Harrison of Metlife Investment Management and Ahren Lester of Environmental Finance for a discussion that will leave you prepared to take on effective transition planning: https://lnkd.in/gx_47qTc     #GreenFinance #SustainableFinance #Decarbonization