Let's Talk Investing Does my child need a bank account? Add to ... The Globe and Mail Published Monday, Jul. 30 2012, 5:26 AM EDT Last updated Tuesday, Jul. 31 2012, 5:23 AM EDT Rob Carrick examines the pros and cons of setting up an account for your child Watch More Video: Does my child need a bank account? Business frustrates sanctions calls The great British farmland boom Microblogging service Weibo goes public on the Nasdaq Tale of two brokers: Morgan, Goldman As newspapers struggle, Los Angeles gets another daily European car sales up but so are discounts Are Canada's retail stocks overvalued? Investors get a ringside seat on China reform New York Auto Show: High style and hybrid hopes Why Lightwater's Jerome Hass likes these stocks How Spirit of Math became Canada's largest ‘after-school school’ Market View: Did Poloz engineer a lower loonie? Metro beats Street, boosts payout Reaction to the Yamana/Agnico/Osisko deal The cost effectiveness of crude-by-rail Analysts look past Bank of America’s legal expenses Bank of Canada flags weak growth Ukraine tension hurts Russian economy Bank of America legal hangover lingers Positive China growth surprise smooths way for reforms -HSBC Comments AA More Related to this Story Let's Talk Investing Video: Teach kids to save more than they spend Let's Talk Investing Video: Should kids learn about money by trial and error?