The headquarters of Dutch bank and insurance group ING is pictured in Amsterdam in this file photo taken February 29, 2008. Dutch financial group ING will take a 2008 loss of 1 billion euros and will tap into a Dutch state guarantee for its troubled loan portfolio, it said on January 26, 2009, adding its Chief Executive Michel Tilmant will step down. Picture taken February 29, 2008. REUTERS/Toussaint Kluiters/United Photos/Files    (NETHERLANDS)    By Kirstin Ridley and Steve Slater
LONDON, Oct 27 (Reuters) – Investors are shunning European bank shares after an EU-imposed break-up and retrenchment of Dutch ING Groep sparked fears Belgium’s KBC and UK peers face tougher-than-expected sanctions in return for state aid.

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