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Bank of Nova Scotia (BNS.TO)

BNS.TO on Toronto Stock Exchange

77.79CAD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Scotiabank announces redemption of 2.898% subordinated debt
Friday, 30 Jun 2017 05:00pm EDT 

June 30 (Reuters) - Bank Of Nova Scotia ::Scotiabank announces redemption of 2.898% subordinated debt due August 3, 2022.Redemption will occur on August 3, 2017.Bank Of Nova Scotia - intends to redeem outstanding 2.898% debentures due August 3, 2022 for 100% of principal amount plus accrued interest to redemption date.Bank Of Nova Scotia - redemption has been approved by office of superintendent of financial institutions and will be financed out of general funds of Scotiabank.  Full Article

Scotiabank has agreed to sell Scotia Managed Companies Administration Inc to Marquest Asset Management Inc
Tuesday, 13 Jun 2017 04:39pm EDT 

June 13 (Reuters) - Bank Of Nova Scotia : :Scotiabank has agreed to sell Scotia Managed Companies Administration Inc to Marquest Asset Management Inc.Bank Of Nova Scotia says following the closing of the transaction, Scotia Managed Companies Administration Inc will continue as a separate entity.Bank of Nova Scotia says transaction is not material to Scotiabank.  Full Article

Scotiabank announces plan to buy back shares through private agreement
Monday, 5 Jun 2017 01:09pm EDT 

June 5 (Reuters) - Bank Of Nova Scotia :Scotiabank announces plan to buy back shares through private agreement.Bank of Nova Scotia says intends to purchase for cancellation up to 4 million of its common shares.  Full Article

Scotiabank CEO sees flexibility to make acquisitions
Tuesday, 30 May 2017 08:43am EDT 

May 30 (Reuters) - Bank Of Nova Scotia :Scotiabank ceo says strong balance sheet gives bank flexibility to make acquisitions.Scotiabank cro says has stress tested residential mortgage book against 50 percent decline in prices, losses very manageable.Scotiabank international head says credit demand strong from customers in mexico.Scotiabank ceo says expects opportunities to make acquisitions over the next year.Scotiabank ceo says suspects more acquisition opportunities in international business in next year.  Full Article

Scotiabank to repurchase up to 24 mln of its common shares
Tuesday, 30 May 2017 06:05am EDT 

May 30 (Reuters) - Bank Of Nova Scotia :Scotiabank to repurchase up to 24 million of its common shares.Bank of nova scotia says repurchase represents approximately 2 percent of 1.20 billion common shares issued and outstanding as of may 25, 2017.Repurchases under the normal course issuer bid may commence on june 2, 2017, and will terminate on june 1, 2018.Bank of nova scotia-toronto stock exchange, office of superintendent of financial institutions approved normal course issuer bid to buy up to 24 million shares.Bank of nova scotia says will establish an automatic repurchase plan on june 2, 2017.  Full Article

Bank of Nova Scotia Q2 earnings per share C$1.62
Tuesday, 30 May 2017 06:00am EDT 

May 30 (Reuters) - Bank Of Nova Scotia :Qtrly adjusted earnings per share $1.62 .Scotiabank reports second quarter results.Q2 earnings per share C$1.62.Q2 earnings per share view C$1.56 -- Thomson Reuters I/B/E/S.Bank's common equity tier 1 capital ratio was 11.3% this quarter.Qtrly provision for credit losses was $587 million, a decrease of $165 million or 22% over same quarter last year.Qtrly net interest income $3,728 million versus $3,518 million.Qtrly total revenue $6,581 million versus $6,594 million.Qtrly ROE of 14.9% compared to 12.1%.Q2 revenue view C$6.74 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view C$1.56, revenue view C$6.74 billion -- Thomson Reuters I/B/E/S.  Full Article

Taiwan's Cathay Financial units to acquire Malaysia's Bank of Nova Scotia Berhad
Friday, 26 May 2017 05:22am EDT 

May 26 (Reuters) - Cathay Financial Holding Co Ltd <2882.TW>:Says its banking and insurance units plan to acquire 100 percent stake in Malaysia's The Bank of Nova Scotia Berhad for about 1.096 billion ringgit ($256.85 million).  Full Article

Canada's Trudeau says recognises challenges around housing
Thursday, 11 May 2017 07:49am EDT 

May 11 (Reuters) - Canada's Trudeau, asked about Moody's downgrading Canadian banks, says recognises challenges around housing:.  Full Article

Moody's says downgrades six Canadian banks
Wednesday, 10 May 2017 07:11pm EDT 

May 10 (Reuters) - :Moody's downgrades Canadian banks.Moody's - downgraded baseline credit assessments, long-term ratings and the counterparty risk assessments of six canadian banks and their affiliate.Moody's - all ratings for 6 banks continue to have negative outlooks, reflecting expected introduction of operational resolution regime in canada.Moody's - downgrade on canadian banks reflect expectation of more challenging operating environment for banks for the remainder of 2017 and beyond.  Full Article

Scotiabank and Cardtronics renew 7-eleven Canada ABM agreement
Thursday, 23 Mar 2017 07:30am EDT 

Bank Of Nova Scotia : Scotiabank and Cardtronics renew 7-eleven canada ABM agreement .Cardtronics Inc - renewed agreement extends a relationship established in 2010 across Canada, Mexico and Puerto Rico which expands the bank’s ABM footprint.  Full Article

BRIEF-Scotiabank announces redemption of 2.898% subordinated debt

* Scotiabank announces redemption of 2.898% subordinated debt due August 3, 2022