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Dividends are payment for the risk of getting wiped out when the bank makes big losses.
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They are making big losses, despite factory closures.
A number of hedge funds across the world made big losses.
In 2002-3, the firm made big losses and its debt soared.
These include big waterfront schemes, which already have huge capital deficits and continue to make big losses.
If you grow, and you don't grow revenue with it, you can quickly make big losses.
And while they are paying out heavy bonuses, they are making sure they can claw back the paychecks if employees make big losses in the future.
The dilemma, however, is that if all central banks tried to sell at once, the dollar would plunge, making big losses certain.
They had made big losses, were struggling to borrow and so found themselves unable to repay depositors, bondholders and other creditors.
How many Chinese firms are ready to take the leap and make big losses up front to build their business is open to debate.
Resona is not the only bank whose deferred tax assets account for a large proportion of its capital base and which is making big losses (see chart).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com