"They have blown hot and cold on it for years, " says Ray Soifer, a bank industry consultant in Ridgewood, N.
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Rafael Soifer, an analyst with Brown Brothers Harriman, reckons that most banks are less exposed to Asia than the market assumes.
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"I'm not worried about the overall safety and soundness of the bank but there is a possibility that earnings in the next couple of quarters could fluctuate, " Independent bank analyst Ray Soifer told the BBC.