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Scotiabank Sees Elevated Loan Write-Offs In International Retail Banking Return To Pre-Pandemic Levels by Next Quarter - Conf Call
Scotiabank Reports Q3 Adjusted Earnings Per Share C$2.01
Scotiabank Reports Q2 Adjusted EPS C$1.90
The Bank of Nova Scotia is an international bank and a financial services provider in Latin America, the Caribbean and Central America, and Asia. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, which provides a suite of financial advice and banking solutions to retail, small business, commercial and wealth management customers; International Banking, which provides a range of financial products, solutions and advice to retail and commercial customers in select regions outside of Canada; Global Wealth Management, which focuses on delivering wealth management advice and solutions, and Global Banking and Markets (GBM), which provides lending and transaction services, investment banking advice and access to capital markets.
Money Center Banks
44 King St W
Aaron W. Regent
Independent Chairman of the Board
Brian J. Porter
President, Chief Executive Officer, Director
Group Head and Chief Financial Officer
Chief Operating Officer, Executive Vice President - Global Banking and Markets
Barbara F. Mason
Group Head and Chief Human Resources Officer
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Bank of Nova Scotia (Scotiabank) and Bank of Montreal kicked off Canadian lenders' third-quarter reporting on Tuesday by exceeding profit expectations, but BMO's revenue-driven results sparked more optimism than Scotiabank's.
Energy stocks outperformed the main Canadian market on Tuesday as oil prices extended a rebound from their worst week in nine months, while financial stocks slipped despite upbeat quarterly reports from Bank of Nova Scotia and Bank of Montreal.
Dye & Durham Ltd said on Thursday a special committee of its board has appointed JPMorgan and Scotiabank as its financial advisers for a strategic review in response to a buyout offer worth about C$3.4 billion ($2.76 billion).
Dye & Durham Ltd said the special committee of its board has appointed JPMorgan and Scotiabank as its financial advisers in connection to a strategic review process in response to a buyout offer from a management-led shareholder group worth about C$3.4 billion ($2.76 billion...
Bank of Nova Scotia (Scotiabank) wrapped up Canadian banks' quarterly results reporting on Tuesday, beating analysts' estimates, thanks to fewer-than-expected provisions to cover loan losses and an increase in domestic loan growth.
Bank of Nova Scotia (Scotiabank) beat analysts' estimates for second-quarter profit on Tuesday, driven by fewer-than-expected provisions to cover loan losses, although that impact was somewhat offset by a surprise decline in earnings in its global banking and markets division...
Bank of Nova Scotia beat analysts' estimates for quarterly profit on Tuesday, driven by strength in its Latin America-focused international unit and a sharp drop in provisions to cover loan losses.
U.S. bank Wells Fargo said it has expanded its precious metals trading business, filling gaps in the market left by the withdrawal of Bank of Nova Scotia (Scotiabank).
Bank of Montreal and Bank of Nova Scotia (Scotiabank) beat estimates for first-quarter profit on Tuesday as they set aside less-than-expected capital to cover bad loans, and said economic recoveries driven by the rollout of coronavirus vaccines will boost performance into...
Bank of Nova Scotia beat analyst estimates for first-quarter profit on Tuesday, as it set aside lower-than-expected funds for loan loss provisions and its wealth management unit performed well.
* Canadian dollar strengthens 0.3% against the greenback * Canada's annual inflation rate slows to 0.7% in December * Price of U.S. oil rises 1.3% * Canadian bond yields rise across the curve By Fergal Smith TORONTO, Jan 20 (Reuters) - The Canadian dollar strengthened against...
Brazil's Treasury said in a statement on Wednesday that it had given permission for the issuing of dollar-denominated bonds on the international market.
Bank of Nova Scotia and Bank of Montreal (BMO) beat analysts' estimates for fourth-quarter profit as they set aside less funds than expected to cover potential loan losses due to the COVID-19 pandemic.
Souvankham Thammavongsa has won the Scotiabank Giller Prize, Canada's top award for literature, for her short story collection "How To Pronounce Knife," the prize's sponsor announced on Monday.
Laurentian Bank of Canada on Tuesday named Rania Llewellyn chief executive officer and president, making her the first woman to head a major Canadian bank.
Canadian banks are returning to a focus on managing expenses, with some resuming job cuts put on hold in response to the coronavirus pandemic and others holding off on some investments not deemed immediately necessary.
*To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel
Bank of Nova Scotia <BNS.TO> and Bank of Montreal <BMO.TO>, which posted profit declines from a year ago on Tuesday, said they expect provisions for loan losses to pull back in coming quarters even as assistance measures that have kept a lid on delinquencies wind down.
Bank of Nova Scotia <BNS.TO> has agreed to pay more than $127 million to resolve a series of U.S. regulatory charges, including over an alleged price manipulation scheme involving unlawful trading of precious metals futures contracts, the bank said on Wednesday.
Bank of Nova Scotia agreed to pay more than $60.4 million to resolve criminal charges related to a price manipulation scheme involving unlawful trading by four traders in the precious metals futures contracts markets, the U.S. Department of Justice said on Wednesday.
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