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China banks face tough times (Reuters)

 
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Beth-phelet
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Joined: 22 May 2006
Posts: 7403
PostPosted: Tue Aug 19, 2008 11:01 am    Post subject: China banks face tough times (Reuters) Reply with quote
Citigroup expects Bank of China to book a second-quarter provision for its <b>subprime mortgage</b> and Alt-A <b>mortgage</b> backed securities (MBS) of 6.2 billion yuan after taking markdowns of $2 billion (13.7 billion yuan) in the first quarter as <b>...</b>

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