JAPANESE BANKS' EARNINGS TOO HEAVILY LINKED TO STOCK MARKET: HSBC.
Publication: AsiaPulse News
Publication Date: 26-NOV-03
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TOKYO, Nov 26 Asia Pulse - Japan's major banks have made progress in disposing of bad loans, but their earnings are too heavily linked to stock market performance, said Hironari Nozaki of HSBC Securities (Japan) Ltd.
With the Nikkei Stock Average hovering at a higher level than it had...
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