Thursday, November 1, 2007

Banks May Post Slowest Profit Growth in 5 Years

The Globe and Mail, John Heinzl, 1 November 2007Bank stocks have been anything but money in the bank this year. Hammered by turmoil in credit markets, the group has slipped about 2 per cent in 2007, with National Bank and Bank of Montreal posting double-digit drops.Our beloved deposit-taking institutions have been getting pummelled even as the S&P/TSX composite index has surged 13 per cent this

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