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Shares of Aozora Bank, a Japanese commercial lender, hit a near three-year low after changing its profit forecast to an annual loss. The bank’s Tokyo-listed stocks fell for the second consecutive day due to their exposure to US office loans. Aozora now expects a net loss of 28 billion Japanese yen ($191 million) for the fiscal year ending March 31, compared to its previous forecast of a net profit of 24 billion yen. The bank’s announcement followed New York Community Bancorp’s surprise net loss of $252 million, renewing concerns about the strength of US regional banks.

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