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NEW YORK, Nov. 2, 2010 /PRNewswire/ -- Financial institutions are pausing to reassess their operations and the impact of regulatory reform before attempting to raise cash or dispose of non-performing assets, according to a new report released by Ernst & Young LLP's Transaction Advisory Services practice. The report, Transaction trends: Divestitures and tax free spins: focus on divestiture, (available at http://www.ey.com/Publication/vwLUAssets/ Transaction_Trends_Divestitures_Financial_Services_Fall_2010/$FILE/ Transaction_Trends_Divestitures_Financial_Services_Fall_2010.pdf), finds that following the US's recent overhaul of its financial regulatory regime, the industry is going through a transformation and financial services companies are rethinking how they plan for and execute divest...
... acquisition activity in the financial services industry, creating unlikely bedfellows of once-fie... as they contemplate strategic M&A transactions. These insights can help better guide future M&A d...
What's more, in 1997 Fairfield-based General Electric Co. spun out its GE Capital International Services as an independent outsourcing services provider Cambridge Solutions is the only other company in the group to have significant operations in India for offshore services, in its case claims processing duties for insurance companies and other financial transaction services.
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