January 10, 2008

Australian banks under pressure over US subprime exposure (AFP)

File photo shows a man walking past the National Australia Bank (NAB) bank branch in Sydney. Shares in Australia's top banks came under pressure on Thursday after a report put their exposure to the US subprime crisis at one billion dollars (884 million US).(AFP/File/Anoek De Groot)AFP – Shares in Australia’s top banks came under pressure on Thursday after a report put their exposure to the US subprime crisis at one billion dollars (884 million US).

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