Earnings expected to reached $70 million, or 37¢ a share
Companies will face widespread reporting challenges related to disclosure
Retail banking profit up 19%
Loan losses estimated at $620 billion
Overall corporate profits up 11.7% from last year
Losses are manageable relative to the bank’s earnings profile, DBRS says
20% of firms expected to report negative margins in 2008
Charges relate to Lehman bankruptcy, securities and CDOs
Co-operative posts drop in third quarter surplus earnings
Revenue edges up 2% in Q3 despite drop in assets