Banks to Deliver Solid Q3 Profits Despite Capital Markets Slowdown

The Globe and Mail, Sinclair Stewart, 21 August 2006Canada's major banks are expected to flirt with record profitability when they begin reporting their third-quarter results this week, signalling a potential rally for a sector that has endured a bruising slide.On average, the country's bank stocks lost 5 per cent of their value between May and July, and as a group, they remain about 10 per cent