Mitsubishi Tokyo Financial Group reported a loss of 124 . 6 billion yen ( $ 1 billion ) at its three subsidiary banks for the fiscal year ending in March, largely because of write-offs of bad loans.
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On Thursday, Mitsubishi Tokyo reported a net loss of 124 . 6 billion yen ( $ 1 billion ) at its three subsidiary banks for the fiscal year which ended in March, largely because of massive bad loans.
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UFJ Holdings, one of four Japanese megabank groups created in April, on Friday reported losses at its three subsidiary banks for the fiscal year and a combined 2.6 trillion yen ( $ 22 billion ) in problem loans.
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On December 21, 2010, Union First Market Bankshares Corporation and NewBridge Bancorp announced that their respective subsidiary banks had entered into a purchase agreement for the NewBridge Bank branch located at 440 South Main Street in Harrisonburg, Virginia.
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One third of BA CA International's preliminary 1997 operating income was generated in the Czech Republic, where subsidiaries Bank Austria ( CR ) a . s . and Creditanstalt a . s . provide services in nine cities.
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UFJ's subsidiary banks now plan to write off 813 billion yen ( US $ 7.5 billion ) of dud loans for the fiscal year just ended, up from 500 billion yen ( US $ 4.6 billion ) planned earlier.
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This advantage was tempered somewhat by the emergence of bank holding companies in the late 1960s, but under the holding company arrangement, a subsidiary bank in one state was a separate entity from a subsidiary bank in another state.
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This advantage was tempered somewhat by the emergence of bank holding companies in the late 1960s, but under the holding company arrangement, a subsidiary bank in one state was a separate entity from a subsidiary bank in another state.
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ABLV Group is represented in 9 foreign countries ( Russia, Ukraine, Belarus, Kazakhstan, Azerbaijan, Uzbekistan, Honkong, Cyprus and Luxemburg ) 11 representative offices in different cities and the subsidiary bank in Luxembourg ABLV Bank Luxembourg, S . A.
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UFJ Holdings, one of four Japanese megabank groups created in April, on Friday reported losses at its three subsidiary banks for the fiscal year and a combined 2 . 6 trillion yen ( $ 22 billion ) in problem loans.
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