Files for bankruptcy to cut $465 mn in debt and focus on North American operations
Estimates economic expansion of 5.5% for the 12 months through March 2013
Equities unit downsized after industry’s worst year since 2008
The rate of inflation in developing markets will remain at 6.1% in 2013, slowing from a four-year high of 7.2% in 2011, the IMF in Washington said last month