Friday, November 23, 2007

Preview of Banks Q4 2007 Earnings

Financial Post, Jonathan Ratner, 23 November 20072008 is shaping up to be a year of slower growth in terms of both income and revenue, as well as for dividends at Canada�s banks. Why? The cost of credit is expected to go up, while its availability falls.That�s the opinion of Desjardins Securities analyst Michael Goldberg, who nonetheless sees share prices for the Big Six banks rising anywhere

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