Review of Banks' Q2 2007 Earnings + Outlook

The Globe and Mail, Tara Perkins, 6 June 2007Banks and insurers could take a bit of a bruising in the coming quarters from the rapid ascension of the Canadian dollar."The recent surge in the [Canadian dollar] has been acute and will put some nearer-term earning pressure on the bank group," Scotia Capital Inc. analyst Kevin Choquette wrote in a note to clients yesterday.The loonie has already