GLOBAL - Marsh & McLennan has reported that revenues of its subsidiaries Mercer and Putnam have increased by 17% and 18% in the fourth quarter.
For the year, Mercer’s revenues grew by 15% to $2.7bn while revenues of Putnam, while was caught up in the market timing scandal last year, declined 8% to $2bn. Mercer’s operating income rose 11...
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