Willis reports $446m 2012 net loss
Willis group has posted a total net loss of $446m for the year ending December 31 2012, a significant swing on last year’s result of $203m profits, alongside plans to cut 200 jobs.
The majority of losses came in the final quarter of the year, which saw Willis report a net loss of $804m, compared to a $24m profit in 2011.
The broker announced in December that it would face
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