Market Currents

The Canadian banking sector gets put on review for a downgrade by Moody's. "These firms face...

Friday, October 26, 2012, 3:12 PM ET
The Canadian banking sector gets put on review for a downgrade by Moody's. "These firms face challenges not fully captured in their current ratings ... high consumer debt levels, elevated housing prices, macroeconomic risks, capital markets activities." The agencies get rapped for being behind the curve, but a review of the universally-loved Canadian banks is anything but that. Included: BMO, BNS, CM, TD.

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This news story has 5 comments:

biosnake Comments (9)

WoW , what a revelation, I'm not impress by this kind of revelation...

26 Oct 2012, 05:33 PM Reply Like

tobaccosand Comments (6)

The Big 5 Canadian banks are rock solid and very cheap. The dividends (currently 4-5%) have been very, very good to me.

27 Oct 2012, 06:50 AM Reply Like

cognitorex Comments (114)

For those who do Technical stuff BMO's charts on volume price movement etc are what anyone would want in this market. I own some and also semi-scalp leap options, usually calls.

27 Oct 2012, 10:15 AM Reply Like

morcos Comments (2)

i have been a client with td bank for a laong time , and 1 see the bank strategy is on a solid ground joe

27 Oct 2012, 11:46 PM Reply Like

morcos Comments (2)

i have been a client with td bank for long time , and i see the bank strategy is on a solid ground

27 Oct 2012, 11:46 PM Reply Like

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