BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
AMSTERDAM May 10 ING Groep, the largest Dutch financial services company, on Wednesday reported better than expected first-quarter net profit of 1.14 billion euros ($1.24 billion) on strong loan growth, stable costs and fewer bad loans.
Analysts polled for Reuters had seen the underlying net result at 1.02 billion euros, from 1.257 billion euros in the same period a year ago. The 2016 figures were helped by a one-time profit of 506 million euros from the sale of shares in former subsidiary NN Group. ($1 = 0.9181 euros) (Reporting by Toby Sterling; Editing by Stephen Coates)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.