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  1. Delays in privatizing banks means retreating from attempts to shore up and consolidate the region's battered banking sector, which Asian governments spent hundreds of billions of dollars bailing out after the 1997-1998 Asian financial crisis.
    www.iht.com
  2. Higher Asian revenues and lower writedowns thanks to accounting changes helped HSBC’s global banking and markets arm remain profitable in the third quarter, although profits fell short of last year’s level on the back of higher loan impairment charges.
    www.efinancialnews.com


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