Sub-prime leads to mixed Q3 results

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GLOBAL - As banks continue to post third quarter trading results, the picture that has emerged has been very mixed, with third quarter losses balanced by overall year-to-date profits and strong performances in other divisions.

American International Group (AIG) posted a fall in net income for the third quarter of US$3.09bn, representing a 27% drop on the same time last year. However, year to date net earnings at the end ...

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