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The Financial Times' Special Report on Private Banking
Nomura, the Japanese bank, reported an 80-per-cent plunge in quarterly net profit on Friday, joining western rivals in suffering from a broad downturn in trading and underwriting activityJuly 30
The fortunes of Britain's biggest banks have undergone a startling turnround, with profit growth at state-backed Lloyds set to eclipse that of the former industry star Barclays when first-half results are disclosed next weekJuly 30
The part-nationalised bank are expected to report marked improvements in interim reports. But the revival in their fortunes risks fuelling the political row about the broader role of banks in a society facing austerityJuly 30
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