As the recovery of economy, Bank Sector has been paid to much more attention. Today, GlobalandMail posts two of the Five Big Banks Quarterly earning...

[B]CIBC loses $51-million in second quarter [/B] [URL="http://www.theglobeandmail.com/report-on-business/cibc-loses-51-million-in-second-quarter/article1156965/"]http://www.theglobeandmail.com/report-on-business/cibc-loses-51-million-in-second-quarter/article1156965/[/URL]

Canadian Imperial Bank of Commerce (CM-T57.03-1.77-3.01%) lost $51-million in the second quarter, compared to a year-earlier loss of $1.1-billion.

The bank's bottom line was hurt by a series of charges and writeoffs, including a $475-million loss related to the run-off of its structured credit activities, a hit that stemmed largely from the deterioration of bond insurers that were guaranteeing some of the bank's holdings.

[B]Profitable TD ‘feeling quite good' [/B] [URL="http://www.theglobeandmail.com/globe-investor/profitable-td-feeling-quite-good/article1157008/"]http://www.theglobeandmail.com/globe-investor/profitable-td-feeling-quite-good/article1157008/[/URL]


Toronto-Dominion Bank (TD-T50.28-1.69-3.25%) reported second-quarter profit of $618-million on Thursday, compared to $852-million a year ago, as the amount it set aside for soured loans nearly tripled.

Factoring out one-time items, the bank's earnings per share came in at $1.23, slightly above analysts' estimates.

Chief executive officer Ed Clark said the company is holding up well under the weight of the recession. “With adjusted earnings over $1-billion again this quarter, we're feeling quite good about these results,” he said.

TD现在真是牛气，趁着美国银行业那边乱，狂占美丽奸市场。

[quote name='bee']TD现在真是牛气，趁着美国银行业那边乱，狂占美丽奸市场。[/QUOTE]

How's your investment going? hehe

Five Big Banks in Canada