Wednesday, May 15, 2013

FOXBusiness.com: For Japan lenders, Abenomics' pain comes first, gain later

FOXBusiness.com
FOX Business Network - The Power to Prosper
thumbnail For Japan lenders, Abenomics' pain comes first, gain later
May 15th 2013, 08:48

Japan's top three banks forecast weaker annual earnings as aggressive monetary easing squeezes them out of a profitable government bond trade and forces them to rely more on bread-and-butter lending where margins remain razor-thin.

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