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After that process, Raytheon agreed to retain responsibility for four large projects Washington deemed risky.
Mr. Adler will also retain responsibility for The Journal's investigative reporting team.
Nick will remain based in London and will retain responsibility for the European business.
It will also retain responsibility for the state pension and most aspects of universal credit.
National regulators would retain responsibility for about 6,000 smaller banks, but the central bank would have authority to intervene.
Soriano said he might ultimately retain responsibility for both clubs, with a New York City chief executive answerable to him.
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Gilberto will retain responsibilities for many of his clients in the consumer and retail sector while sourcing and executing M.&A.
Though ABB eventually sold the company again, it retained responsibility for the liabilities.
For example, the British government retains responsibility for negotiations with Europe.
Under this unprecedented power-sharing arrangement, known as "cohabitation," Mitterrand retained responsibility for foreign policy.
Raytheon, a leading defense contractor, retained responsibility on some projects and agreed to compensate Washington for cost overruns on another.
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