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Analysts applauded the deal, saying the new company, though still dwarfed by rivals ExxonMobil and ChevronTexaco, would have the financial strength needed to undertake risky explorations for new sources of oil and gas.
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This will provide the maximum strength needed.
This would give him the financial strength and sustainability he needed to take a chance and refocus some of his best talent on establishing this new market while developing his new business model.
An American who spent much of his career at US bank JP Morgan, Staley quashed concerns Barclays would need to bolster its financial strength through a cash call, saying there was "no need for a rights issue".
Raikkonen is also considering staying at Lotus if they can give him the reassurances he feels he needs that the team have the technical and financial strength to compete at the front next season.
The Co-op Bank has been trying to reassure customers it will not need a taxpayer bail-out following concern over its financial strength.
To cope with "fickle" capital flows, emerging markets need to adopt policies that "preserve domestic economic and financial strength," the Fund concluded.
The French bank, which has been told by regulators it needs to find €3.3bn (£2.8by) by next June to bolster its financial strength, made clear that its current focus was on amassing capital to cushion it from further losses.
"If there are much higher CDO write-downs, Merrill may have additional credit-rating downgrades and may need to find a partner to give it new credibility and financial strength".
Bond insurers like Ambac and rival MBIA need to maintain sufficient capital levels in order to retain key AAA financial strength rating, and though investors snubbed Ambac's plan, two of the major ratings agencies said its success could help.
Mr. Rosso's purchase of a controlling but undisclosed stake in Marni illustrates how Italian companies have realized, rather late in the day, the need to work in groups so they have the financial strength to support growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com