crispos

Canadian Banks vs U.S. Banks: Where's the Better Value?

Canadians have always been (big) net savers. That's the difference. The US personal savings rate was most recently at 0.3%. You buy the Canadian banks for the steady cash flow of their highly profitable personal, commercial banks and wealth management arms and discount the ephemeral earnings from the casino-type attitude of the "investment/world market" divisions that have added little net value over time.

Credit Crunch May Force BMO, Scotiabank and Royal Bank to Issue More Capital

Ms. Cowherd is being the curve. The BMO problems have been rectified and the Royal and the Scotia never had a problem.