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Abenomics aiding Japanese banks: Northern Trust

Jame DiBiasio
Carl Tannenbaum, chief economist at Northern Trust, says healthy banks are key to broad investment opportunities.
Abenomics aiding Japanese banks: Northern Trust

“Abenomics”, the programme pushed by Japanese prime minister Shinzo Abe to reflate the economy, should ultimately help the country's banks, even if they are suffering lost business from trading government bonds, says Carl Tannenbaum, Chicago-based chief economist at Northern Trust.

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