RBC CM Turns Positive on Bank Shares After Missing the Huge Price Run-up

On 9 March 2009, RBC Capital Markets analyst Andre-Philippe Hardy reiterated his call that it was too early to buy Canadian banks. At that time, RBC Capital Markets analyst Andre-Philippe Hardy also stated that Canadian banks should consider suspending their dividends. Today, less than 2 months later (and after a huge run-up in Canadian bank shares since 9 March 2009), in a report, RBC Capital