Mega Financial aims for stable growth
By our correspondents
February 19, 2017
TAIPEI: Mega Financial Holding, Taiwan´s biggest state-run financial holding firm for overseas business, is aiming for "stable growth" in 2017 from the T$22.4 billion($727 million) it reported last year, its president said on Saturday.
"Our growth is in line with Taiwan´s growth," President Bruce Yang told Reuters on the sidelines of a business event.
"However, there is a lot of uncertainty globally," he said, such as worries over the protectionist policies of U.S. President Donald Trump.
Mega´s earnings were hit hard in 2016, with its New York banking operation fined $180 million for money laundering violations in the United States.
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