ING Closes Insurance Operations In Argentina

ING Group is closing its insurance operation in Argentina, and cutting 650 jobs, as part of its strategy to focus on profitable operations. "ING made the decision following a strategic business review process that determined ING Insurance Argentina is not

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ING Group is closing its insurance operation in Argentina, and cutting 650 jobs, as part of its strategy to focus on profitable operations. “ING made the decision following a strategic business review process that determined ING Insurance Argentina is not generating sufficient return on investment to satisfy the needs of ING’s constituents,” says a company spokesman.

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