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Locals pass Mizuho Bank in Tokyo, Japan. Mizuho Financial Group Inc., the Japanese bank with the biggest subprime writedowns in Asia, posted its second straight quarterly loss as the value of its stock slumped and bad loans rose. The company turned to a 145.1 billion yen ($1.6 billion) deficit in the three months ended Dec. 31 from a 66 billion yen profit a year earlier...
Locals pass Mizuho Bank in Tokyo, Japan. Mizuho Financial Group Inc., the Japanese bank with the biggest subprime writedowns in Asia, posted its second straight quarterly loss as the value of its stock slumped and bad loans rose. The company turned to a 145.1 billion yen ($1.6 billion) deficit in the three months ended Dec. 31 from a 66 billion yen profit a year earlier...
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