Banks Set to Report Earnings

Globe and Mail, Allan Robinson, 18 August 2006Canadian banks are the bedrock of the S&P/TSX composite index in terms of earnings, and if analysts' third-quarter profit forecasts are correct, investors are in for some good news.Over the next two weeks, the domestic banks take centre stage, with four of the largest expected to report an average year-over-year profit increase of about 11.25 per cent