Asian Banks Face Limited Fallout From U.S. Subprime Crisis, Moody's Says

(Bloomberg) -- The impact of the U.S. subprime
mortgage crisis on Asian banks has been ``limited'' and
``manageable,'' according to global ratings companies Moody's
Investors Service and Standard & Poor's.

``In Asia, Moody's expects the fallout from the U.S.
subprime mortgage market problems to be limited among the
region's internationally active investment and universal banks,''
Moody's said in a statement, citing a preliminary survey.


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