Sumitomo buys RBS aircraft leasing unit for $7.3 bil
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wanderlust
Looks like a lot of companies will be divesting non-core assets of their portfolios in the not too distant future. Maybe if RBS had concentrated on banking only, it would not have got into so much trouble?
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j4p4nFTW
wanderlust, I kind of doubt it. The non core operations were the main profitable ones. Now less so with the financial crisis. But the true problems were in the banking units.
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