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Reuters: SMFG posts rise in profit, forecasts modest growth

Started by chris, May 16, 2008, 10:41:24 AM

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chris

SMFG posts rise in profit, forecasts modest growth
      


TOKYO (Reuters) - Sumitomo Mitsui Financial Group reported a 5 percent rise in annual profit as bond sales helped offset subprime losses, and it forecast modest growth this year.
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