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ING Seen Divesting SulAmerica Unit

Apr 12, 2009

Itau Securities says ING may sell SulAmerica after the Dutch institution's CEO Jan Hommen announced the company intends to divest between €6bn- €8bn of non-core assets around the world. ING plans...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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