Goldman Advances Overhaul With Sale of Polish TFI Stake to ING

Key Takeaways Goldman will sell its remaining TFI stake to ING, giving ING full ownership of the unit. ING has held 45% of TFI since 2019 and aims to close the deal in the first half of 2026. The purchase will trim ING Bank Slaski's capital ratios by about 34 bps with minimal group impact.The Goldman Sachs Group, Inc. (GS) has reached an agreement with ING Bank Slaski to divest its Polish asset management firm, TFI. The deal, targeted for completion in the first half of 2026 pending regulatory signoff, wil ...