ING is maybe top 30. The stock has been a real dog losing half its value in the 
last 20 years. A money loser. Any company that shut down their mainframe and 
replaced it with Micro Focus, another company that loses money by the bushel, 
isn’t much of a bank. They opened a challenger bank and shut it down soon 
after. Probably wasted tens of millions or more. Just over a trillion in 
assets. Small time. Hey David, where are all those challenger “banks” you 
touted? 


Sent from Yahoo Mail for iPhone


On Thursday, April 6, 2023, 11:56 PM, David Crayford <[email protected]> 
wrote:

On 7/4/23 06:07, René Jansen wrote:
> They will be disappointed if they hear that, there are a fusion between 
> Rijkspostspaarbank, NMB (Nederlansche Middenstandsbank, Postcheque en 
> Girodienst, and Nationale Nederlanden. They are a very large bank in the 
> Netherlands. And yes they are off the mainframe, running a lot of mainframe 
> stuff on Micro Focus.

ING are one of the biggest banks in the world. My colleague and I had a 
meeting with a clever guy who works for the DTO who used to work for 
ING. He told us that they were still running some COBOL applications on 
x86. It was a shock! It's never nice to hear about really big customers 
moving off platform as it shrinks the market for all of us.


>
> best regards,
>
> René.
>
>> On 7 Apr 2023, at 00:01, Bill Johnson 
>> <[email protected]> wrote:
>>
>> ING isn’t a bank either.
>>
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