Dundee & Desjardins' Outlook for the Financial Sector

Financial Post, Jonathan Ratner, 3 January 2008It was a turbulent year for the financial sector. Make that the banks, who had a particularly weak second half of 2007. While Canadian lifecos outperformed the S&P/TSX composite index just slightly last year, climbing 7.3% and 7.2%, respectively, the banks declined 9.9%, according to Desjardins Securities.Analyst Michael Goldberg predicts the tough