Sentences with phrase «noncore businesses»

HSBC plc, Europe's biggest bank, is selling its 26 percent stake in a life insurance joint venture with two Indian state - run banks, as it sheds noncore businesses globally.

AIG (NYSE: AIG) has come a long way toward selling off noncore businesses and getting the federal government's stake in the company down to a manageable level, and despite big share sales from the Treasury, the stock has jumped more than 40 % so far this year.

Additionally, it has a lot of room for cost cutting because it spends freely on noncore businesses.

The sale of the struggling Financial Freedom unit to an undisclosed buyer would continue CIT's strategy of shedding noncore business lines.

Not exact matches

Alphabet would be a holding company to house its wackier or noncore efforts — like its Verily life sciences, Waymo self - driving cars, and Loon Internet balloon projects — while Google's advertising - oriented business would stand apart and continue to drive the company's finances.