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Subprime fallout hits Mizuho Securities

Story date: 2007-10-26 11:21:00
Added on: 2007-10-26 18:00:23


Financial Times - Mizuho Securities on Friday became the second Japanese broker to be hit by fallout from the US subprime mortgage crisis as it posted a first-half operating loss. The Y32.5bn ($285m) loss resulted from a write-down of the value of collateralised debt ...


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