US subprime fallout hits Japanese banks
Story date: 2007-11-14 01:40:00
Added on: 2007-11-14 16:00:25
Financial Times - ... sharp falls in first-half results and cut their full-year profit forecasts because of losses related to subprime mortgages. The ... Mizuho, Japan’s second largest banking group, saw a 17 per cent drop in first-half net profits to Y327bn ($2.9bn) and cut ...
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