Abenomics aiding Japanese banks: Northern Trust

“Abenomics”, the programme pushed by Japanese prime minister Shinzo Abe to reflate the economy, should ultimately help the country's banks, even if they are suffering lost business from trading government bonds, says Carl Tannenbaum, Chicago-based chief economist at Northern Trust. Speaking yesterday at AsianInvestor’s eighth annual Asia Investment Summit in Hong Kong, Tannenbaum says market fears and scepticism about Japanese monetary and fiscal policy should be kept in perspecti…