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The sale resulted from a European Commission ruling that R.B.S. divest assets to address competition issues raised by its bailout during the financial crisis.
The companies said yesterday that they were in talks with a third party to sell some California assets to address concerns raised by the Federal Trade Commission.
When a group including Fortis struck a deal to buy ABN AMRO Group and carve it up in 2007, the European Commission ordered Fortis to sell a bundle of Dutch ABN AMRO assets to address competition concerns.
Dewey & LeBoeuf, the law firm that represents Capco, said in a statement that Capco had no current policies outstanding and was "preserving all assets to address claims that might arise out of the insolvency of Lehman Brothers Inc. and Lehman Brothers International (Europe)." The law firm called worries about Capco's potential exposure to Lehman "speculation".
You should really never dip into your retirement assets to address current financial needs".
In parallel, the sector leaders with hundreds of billions of dollars of cash on their balance sheets are under pressure to reposition their technology assets to address the mobile internet.
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Court-ordered monitors were a "critically important asset" to address constitutional concerns with other cities' police departments, the Justice Department lawyers wrote, saying they did not see any reason that, if violations were found, such a monitor would not work in New York.
But an often overlooked asset to address economic inequality is your network.
Actions of the missing 60% ignore the fiduciary responsibility to consider the potential implications of current fossil fuel business models functioning to undermine legitimate public policy and the interests of asset owners to address climate risk.
Many Aboriginal groups want investment in their own assets and regions to address the legacy of underdevelopment and exclusion.
The third broad recommendation was to create a community needs and assets assessment (CNAA) to address potential social impacts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com