The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

The screens at the TMX Broadcast Centre in Toronto show the closing numbers of the TSX on Tuesday, July 3, 2012.
The screens at the TMX Broadcast Centre in Toronto show the closing numbers of the TSX on Tuesday, July 3, 2012.
(Matthew Sherwood For The Globe and Mail)

SCOTT BARLOW

Italy fears hit Canadian banks again

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Investors in Canadian bank stocks may be witnessing the resumption of an unfortunate post-financial crisis trend. The past four years have seen domestic bank stocks climb as 2008 recedes in the rearview mirror, only to be sideswiped by the European debt crisis.